Examlex
Theories
Regression Analysis
A statistical technique for estimating the relationships among variables, often used to predict the value of a dependent variable based on the value of one or more independent variables.
Error Variable
An error variable represents the difference between observed and predicted values in a model, reflecting the amount of inaccuracy in predictions.
Standard Deviation
The square root of the variance, indicating how data points in a set differ from the mean value.
Linear Regression
A statistical method that models the relationship between a dependent variable and one or more independent variables using a linear equation.
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