The standard error of the estimate ( ) is essentially the
A) mean of the residuals
B) standard deviation of the residuals
C) mean of the explanatory variable
D) standard deviation of the explanatory variable

Question

The standard error of the estimate (  ) is essentially the
A) mean of the residuals 
B) standard deviation of the residuals 
C) mean of the explanatory variable 
D) standard deviation of the explanatory variable

Quizplus · Accepted Answer

The standard error of the estimate is defined as the standard deviation of the residuals, which measure the differences between the observed values of the response variable and the predicted values from the regression model. Therefore, choice B is the correct answer. Choices A, C, and D are not related to the calculation of the standard error of the estimate.

The Standard Error of the Estimate ( ) Is