Examlex
Changing from a multi-line model to a single-line model is most appropriate when the company is concerned about fairness for its customers.
Regression Line
A line drawn through the set of datapoints that represents the best fit of the data according to a particular statistical criterion, often used in linear regression analysis.
Linear Relationship
A type of association where the change in one variable is directly proportional to the change in another variable.
Significance Level
The likelihood of incorrectly dismissing the null hypothesis in a statistical analysis, commonly represented by alpha, when it in fact holds true.
Regression Line
A straight line in a scatter plot that best fits the data points and shows the relationship between two variables in linear regression analysis.
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