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question 126

Short Answer

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Definitions:

Linear Regression

A statistical method for modeling the relationship between a dependent variable and one or more independent variables.

Correlations

A numerical value representing the level at which multiple variables co-vary.

Slope

The measure of the steepness or incline of a line, describing both its direction and its steepness.

Intercept

In linear regression, the value of the dependent variable when all the independent variables are equal to zero.