The standard error of estimate s _{$\varepsilon$} is a measure of the: A) variation of y around the regression line. B) variation of x around the regression line. C) variation of y around the mean. D) variation of x around the mean.

Question

Quizplus · Accepted Answer

The standard error of estimate measures the variation of actual values of y around the predicted values of y (i.e. the regression line). Therefore, option A is correct as it describes this measure accurately. The other options (B, C, and D) describe other measures of variation and are not applicable to the standard error of estimate.

The Standard Error of Estimate S ε\varepsilonε Is a Measure of The: A) Variation of Is

The Standard Error of Estimate S _{$\varepsilon$} Is a Measure of The:
A) Variation of Is