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Graphing Review definitions

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  • Arc Method
    Technique for finding the average slope between two points on a curve by connecting them with a straight line.
  • Average Slope
    Value representing the mean rate of change between two points on a curve, calculated using rise over run.
  • Point Method
    Approach for determining slope at a single location on a graph, often used for straight lines.
  • Rise
    Vertical change between two points on a graph, used in slope calculations.
  • Run
    Horizontal change between two points on a graph, essential for slope determination.
  • Rectangle Area
    Measurement found by multiplying the base and height of a rectangle on a graph.
  • Base
    Horizontal dimension of a rectangle or triangle on a graph, used in area calculations.
  • Height
    Vertical dimension of a rectangle or triangle on a graph, used in area calculations.
  • Omitted Variable Bias
    Error in graph interpretation caused by leaving out a relevant factor, leading to incomplete analysis.
  • Reverse Causality
    Mistaken inference where the effect is incorrectly assumed to be the cause in a relationship.
  • Causation
    Relationship where one factor directly influences another, forming a cause-and-effect link.
  • Intersection
    Point where a curve crosses another line or axis, often used for selecting calculation points.
  • Tangent Line
    Straight line that touches a curve at a single point, representing instantaneous slope.
  • Compensation Equation
    Formula relating factors such as education and experience to wage outcomes.
  • Correlation
    Statistical relationship indicating how two variables move together, relevant in graph analysis.