Examlex
Use the following to answer questions :
-Aryans
Coefficient Of Determination
A statistical measure represented as R², which indicates the proportion of the variance in the dependent variable that is predictable from the independent variable(s).
Least Squares Regression Line
The least squares regression line is a straight line that minimizes the sum of the squared differences between the observed values and the values predicted by the line.
Regression Analysis
A statistical technique used to model the relationship between a dependent variable and one or more independent variables.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.
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