Examlex
For the following items,calculate trend percentages using 2011 as the base year.(round to nearest percentage):
Regression Analysis
A statistical method used to explore the relationship between a dependent variable and one or more independent variables.
Sum Of Squares
A statistical technique used to measure the dispersion or variation within a data set by squaring the differences from the mean and summing all the resulting squares.
Observed Errors
The discrepancies between measured values and the true values, often due to measurement limitations or external factors.
Regression Line
A line that best fits the data points on a scatter plot, showing the relationship between the independent and dependent variables.
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