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Which of the following is NOT true about linear regression?
Marginal Product
The extra output gained by incorporating one more unit of a given input in the production process, assuming all other inputs remain unchanged.
Average Product
The output per unit of input, calculated by dividing total product by the quantity of input.
Factor of Production
Resources used in the creation of goods and services, which include land, labor, capital, and entrepreneurship.
Total Income
The full amount of income received by an individual or a country, including wages, salaries, benefits, and income from investments before any deductions.
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