Examlex
For a promotional campaign,the hierarchy of effects refers to the stages a prospective buyer goes through,which include:
Regression Model
A statistical technique used to analyze the relationship between a dependent variable and one or more independent variables.
Prediction Intervals
Ranges within which future values are expected to fall with a specified probability, based on a model or data.
Confidence Interval
A range of values computed from sample data that is likely to include the true parameter of the population with a specified level of confidence, often expressed as a percentage.
Linear Regression
A statistical method used to model the relationship between a dependent variable and one or more independent variables, adding complexity beyond simple linear regression.
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