The standard error of the estimate tells you:
A) the amount of error involved in your prediction
B) the accuracy of the model with one less predictor
C) the odds that your answer is correct
D) nothing without the p value

Question

Quizplus · Accepted Answer

The standard error of the estimate measures the average distance that the observed values fall from the regression line, indicating the amount of error in predictions made by the model.

The Standard Error of the Estimate Tells You