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Regression Coefficient
While analysing regression in two related series, we calculate their regression coefficients also. There are two regression coefficients like two regression equations. Regression equation is that ratio which tells that with a changes of 1 in one series what will be an average changes in other series. In reality it is an algebraic measurement of the slope of regression line, means it decides the slope of regression line.
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Arithmetic Mean The process of computing Arithmetic Mean in the case of individual observations is to take the sum of the values of the variable and then divide by the number
what the purpose we use it
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