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

Question

Quizplus · Accepted Answer

The standard error of the estimate is a measure of the variation around the sample regression line, which is the line that best fits the data points in a regression analysis. It is not a measure of 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