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Correlation in Linear Regression Is a Measure of the Strength

question 14

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Correlation in linear regression is a measure of the strength of the relationship between the dependent variable,demand,and an independent (explanatory)variable.


Definitions:

Political/legal Change

Alterations in the political or legal environment that can impact businesses, economies, and societies.

Economic Change

Alterations in the structure or performance of an economy, often driven by factors such as technological advancements, policy changes, or market dynamics.

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