noun
A quantity or factor that measures a certain property or characteristic.
adjective
Describing something related to coefficients.
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The coefficient of determination is a measure of how well the regression line fits the data points.
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You can think of the coefficient as a sort of 'multiplier' that helps us understand the relationship between variables.
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The coefficient basically tells us how much one thing affects another in a math equation.
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In this equation, the coefficient is like the conductor of an orchestra, directing how all the variables play together.