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A person in a rowboat 2 miles from the nearest point on a straight shoreline wishes to reach his house which is 6 miles farther down the shore. If he can row at a rate of 6 miles per hour and run at a rate of 10 miles per hour, what is the minimum amount of time (in minutes) it will take him to get home?
Regression Analysis
A set of statistical processes 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.
Least Squares
A mathematical method used in regression analysis to find the line of best fit for a set of data by minimizing the sum of the squares of the differences between the observed values and those predicted by the model.
Coefficient Of Correlation
A statistical measure that calculates the strength and direction of a linear relationship between two variables.
Coefficient Of Determination
A statistical measurement that assesses the proportion of variance in the dependent variable that is predictable from the independent variable(s), often denoted as R^2.
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