The difference between the estimated and actual value of a variable for three cases were as follows: -3, +9, +2. What type of error do these differences suggest?
A) bias
B) measurement error
C) random error
D) variance

Name: The difference between the estimated and actual value of a variable for three cases were as follows: -3, +9, +2. What type of error do these differences suggest? A) bias B) measurement error C) random error D) variance
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

The Answer is C

The Difference Between the Estimated and Actual Value of a Variable