The standard error of estimate sε is a measure of the:
A)variation of y around the regression line.
B)variation of x around the regression line.
C)variation of y around the mean .
D)variation of x around the mean )

Question

The standard error of estimate sε is a measure of the:
A)variation of y around the regression line. 
B)variation of x around the regression line. 
C)variation of y around the mean . 
D)variation of x around the mean )

Quizplus · Accepted Answer

The standard error of estimate sε measures the variation of y around the regression line, indicating the degree of scatter of the data points around the predicted values. It is not related to the variation of x or the means of x and y.

The Standard Error of Estimate Sε Is a Measure of The