Solved: Explain the difference between exact and nonexact, Basic Statistics

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Explain the difference between exact and nonexact

Question: 1. Explain the meaning of the words simple and linear as used in simple linear regression.

2. Explain the meaning of independent and dependent variables for a regression model.

3. Explain the difference between exact and nonexact relationships between two variables.

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Basic Statistics: Explain the difference between exact and nonexact

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