Examlex
How do we find the real exchange rate from the nominal exchange rate?
Slope
The measure of the steepness, incline, or grade of a straight line, reflecting the ratio of the vertical change to the horizontal change between two points on the line.
Y-Intercept
The point where a line crosses the Y-axis of a graph, indicating the value of the response variable when all predictor variables are zero.
Linear Regression Model
A statistical technique that establishes the link between a dependent variable and one or more independent variables by applying a linear equation to the data collected.
True Regression Line
In linear regression, the line that best describes the relationship between the independent and dependent variables across the entire population.
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