Examlex
Which of the following is not necessary to know in computing the future value of an annuity?
Points
In statistics, refers to data points on a graph or in a dataset.
Residuals
The difference between the observed values of the dependent variable and the values predicted by the model in regression analysis.
Scatterplots
Graphs in which the values of two variables are plotted along two axes, the pattern of the resulting points revealing any correlation present.
Linear Model
A mathematical approach used in statistics to model the relationship between a scalar response and one or more explanatory variables.
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