Examlex
Alice is typing her term paper in the computer lab. Although a class is going on just a few feet away, she does not seem to notice. Which part of the brain allows Alice to focus on her typing and ignore the distractions that surround her?
Regression Model
A form of predictive modelling technique which investigates the relationship between a dependent (target) and independent variable(s) (predictor).
Correlation Model
A statistical technique used to understand the strength and direction of the relationship between two variables.
Standard Error
The standard deviation of a point estimator.
Ith Residual
The difference between the observed value of the dependent variable and the value predicted using the estimated regression equation; for the ith observation the ith residual is yi − yˆi.
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