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Linear Regression Terms
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Terms in this set (4)
Residuals
The difference between an observed (y) value of the response variable and the (y) value predicted by the regression line.
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LOOK FOR NO U SHAPE
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S
Standard deviation of residuals (expected error).
Correlation Coefficient (r)
Measures the strength and direction of the correlation.
r-squared
the percent of reduction in the Sum of the Squared Error (SSE)
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