The standard error of the estimate is a measure of
A) total variation of the Y variable.
B) explained variation.
C) the variation of the X variable.
D) the variation around the sample regression line.

Question

Quizplus · Accepted Answer

The standard error of the estimate measures the variation around the sample regression line, indicating how much the actual Y values deviate from the predicted Y values. It does not relate to the total variation of the Y variable, explained variation or the variation of the X variable.

The Standard Error of the Estimate Is a Measure of