Estimation errors are often referred to as
A) mistakes.
B) constant errors.
C) residuals.
D) squared errors.

Name: Estimation errors are often referred to as A) mistakes. B) constant errors. C) residuals. D) squared errors.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Estimation errors are typically referred to as residuals in statistics, which are the differences between the estimated or predicted values and the actual values. Choices A, B, and D do not accurately describe estimation errors in this context.

Estimation Errors Are Often Referred to as