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Definition
| the thing you are interested in |
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| one factor is dependent on another |
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| variation due to differences from group to group |
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| considered a random error |
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| how good a line fits the data points |
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| the original numbers that are in the tables for chi square tests |
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Definition
| the numbers that you calculate in chi square tests tables |
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Definition
| sample in which the interpretation does not depend on the population fitting any parametrized distributions |
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| a nonparametric test where you add up all the columns of the ranked numbers in a sample |
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| how well a line fits the given data |
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| how strongly the regression line fits the data |
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| determines the values of b0 and b1 |
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| dependent variable for the observation |
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| independent variable for the observation |
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Term
| standard error of the estimate |
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Definition
| the standard deviation around the prediction line |
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Term
| coefficient of correlation |
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Definition
| used to determine if there is statistical significance between x and y |
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Term
| coefficient of determination |
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Definition
| measure the proportion of variation in Y that is explained by the independent variable X |
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Term
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Definition
| using 2 or more independent variables to predict the value of a dependent variable |
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Definition
| allows you to include categorical independent variables as part of the regression model |
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| net regression coefficient |
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Definition
| estimates the mean change in Y per unit change in a particular X holding constant the effect of the other X variables |
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Definition
| measure the value of an item at a particular point in time |
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| simple price index number |
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| tracks the price of one thing |
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Definition
| tracks the price for a group of things |
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| uses the consumption of quantities associated with the base year in the calculation of all price indexes in the series |
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| a measure estimating the average price of consumer goods and services purchased by households |
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Definition
| measures average changes in prices received by domestic producers for their output |
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Definition
| an index for separate sections, like months |
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