Examlex
Utility computing is a business model whereby computer resources are provided on an on-demand and pay-per-use basis,which is in sharp contrast with the traditional SDLC model of purchasing physical systems,configuring them,and devoting them to one application for their useful life.
Regression Line
A line through a scatter plot of data points that best expresses the relationship between those points.
Best Fit
"Best fit" refers to a line or curve that most closely approximates the data points in a scatter plot, used in linear regression and other modeling techniques to predict outcomes.
Multiple Regression
A statistical approach that involves using several predictor variables to determine the expected outcome of a response variable.
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