Examlex
10,000 workers of a garment factory reduced their productivity by half to protest against the recent failure of contract negotiations on better working conditions. This is an example of a _____.
Least Squares Regression Line
A straight line that best fits the data according to the method of least squares, minimizing the sum of the squares of the differences between observed and predicted values.
Actual Value
The true value of a parameter or measurement, often unknown in practice and estimated from data.
Sum of Squares for Regression
A measure in statistical analysis that quantifies the variation in a dependent variable explained by one or more independent variables.
SSR
Sum of Squares due to Regression, a measure used in statistical analysis to determine the variance explained by a linear regression model.
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