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The Scientific Method Is a Process by Which Scientists

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The scientific method is a process by which scientists

Recognize ethical guidelines in research and their importance for participant welfare.
Understand the roles of independent and dependent variables in experimental research.
Understand the key concepts of contract law including conditions, damages, and breaches.
Identify and apply the different types of damages and their application in contract disputes.

Definitions:

Regression Line

A line plotted through the scatter plot of data points that best expresses the relationship between those points, typically used in linear regression.

Coefficient Of Correlation

A numerical measure that indicates the strength and direction of a linear relationship between two variables.

Confidence Interval Estimate

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.

Prediction Interval

A type of interval estimate of a predicted value of a variable based on a particular set of data, encompassing the uncertainty of the prediction.

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