The ____________ term describes the effects on y of all factors other than the independent variables in a multiple regression model.
A)Dependent
B)t test
C)Error
D)Dummy

Question

Quizplus · Accepted Answer

The error term represents the variability in y that is not explained by the independent variables in the model. It includes the effects of any omitted variables, measurement error, or random variation in the data.

The ____________ Term Describes the Effects on Y of All