R-squared, is a measure that shows how much of the variation in the dependent variable is explained by the independent variables in the model., Statistical significance, indicates whether a result is likely to represent a real relationship rather than a random effect., Error term, represents the factors that affect the dependent variable but are not included in the econometric model., Coefficient, is a numerical value that shows the size and direction of the relationship between an independent variable and the dependent variable., Independent variable, is a factor that may explain or influence changes in the dependent variable., Dependent variable, is the outcome or result that the researcher wants to explain or predict., Regression, is a statistical method used to analyze the relationship between a dependent variable and one or more independent variables..

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