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Observation
An act of noting and recording something, typically used in the context of data collection in scientific studies or research.
Errors
The differences between observed values and the values predicted by a model, showcasing the discrepancies that can arise in data analysis.
Normally Distributed
Normally distributed refers to a dataset that follows a Gaussian distribution, where data tends to cluster around a central mean with a predictable spread.
Residuals
Differences between observed values and the estimated values provided by a model.
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