The standard error of estimate indicates the amount of error in predictions when using the to predict values of Y from X.
A)mean of X
B)mean of Y
C)linear regression line
D)coefficient of determination

Question

Quizplus · Accepted Answer

The standard error of estimate is calculated based on the distances between the actual Y values and the predicted Y values using the linear regression line. Therefore, the best choice is the linear regression line (C). The mean of X and Y (A and B) and the coefficient of determination (D) are not directly involved in the calculation of the standard error of estimate.

The Standard Error of Estimate Indicates the Amount of Error