Adjusted R-Squared provides a correction to R-squared based on the number of independent variables in the model.
Better is a concept that refers to the smallness of the variance.
BLUE stands for Best Linear Unbiased Estimator.
Central Limit Theorem states that in repeated random samples from a population, the sample means will have a normal distribution function; the expected value of the sample mean is equal to the true value of the population mean, and the variance of the sample mean is equal to population variance divided by the sample size.
Ceteris paribus is Latin for “other things being equal.”
Coefficients are the parameters of a regression, also called slopes. They are estimated empirically for the purpose of inference. ...
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