The point estimate of the error variance in a regression model is: A)SSE B)b₀ C)MSE D)b₁ E)r

Question

Quizplus · Accepted Answer

The point estimate of the error variance in a regression model is given by Mean Square Error (MSE), which is calculated by dividing the Sum of Squared Errors (SSE) by the degrees of freedom (n-p-1). Therefore, option C (MSE) is the correct choice. Option A (SSE) is also related to the error variance, but it is not a point estimate. Options B, D, and E are not related to the error variance.

The Point Estimate of the Error Variance in a Regression