Examlex
If a qualitative variable has k levels, the number of dummy variables required is
Population Standard Deviation
A measure of the variability or spread in a population data set.
Height of the Curve
In statistics, this typically refers to the peak point of a probability distribution curve, indicating the most probable outcome.
Continuous Random Variable
A type of random variable that can take an infinite number of possible values within a given range.
Normal Distribution
Refers to a probability distribution that is symmetric around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
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