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āĻ āĻāĻŋāĻ§āĻžāĻ¨ā§āĻ° āĻāĻžāĻˇāĻž āĻ¨āĻŋāĻ°ā§āĻŦāĻžāĻāĻ¨ āĻāĻ°ā§āĻ¨
āĻāĻĒāĻ¨āĻžāĻ° āĻāĻžāĻˇāĻž āĻ¨āĻŋāĻ°ā§āĻŦāĻžāĻāĻ¨ āĻāĻ°ā§āĻ¨
linear model
/lËÉĒniÉ mËÉdÉl/
Linear model
01
āĻ°ā§āĻāĻŋāĻ āĻŽāĻĄā§āĻ˛, āĻ°ā§āĻāĻŋāĻ āĻ°āĻŋāĻā§āĻ°ā§āĻļāĻ¨ āĻŽāĻĄā§āĻ˛
a mathematical representation that describes the relationship between two or more variables using a linear equation
āĻāĻĻāĻžāĻšāĻ°āĻŖ
Economists use linear models to predict consumer spending based on factors such as income and interest rates.
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