Examlex
Which of the following shows the correct relationship for productivity, outputs, and inputs?
SSE
Sum of Squared Errors, a measure of the discrepancy between the data and an estimation model, indicating the total deviation of data points from the fitted values.
Estimated Income
An approximation of the amount of money expected to be earned over a specific period.
Yearly Income
The total amount of money earned or received over one year.
SST
SST stands for Sum of Squares Total, a term used in statistics to describe the total variation within a dataset.
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