In regression analysis,we can often use the standard error of estimate $S _ { e }$
to judge which of several potential regression equations is the most useful.

Question

In regression analysis,we can often use the standard error of estimate $S _ { e }$ 
to judge which of several potential regression equations is the most useful.

Quizplus · Accepted Answer

The standard error of estimate $S _ { e }$ measures the average distance that the observed values fall from the regression line. A smaller $S _ { e }$ indicates a better fit, making it useful for comparing different regression models.

In Regression Analysis,we Can Often Use the Standard Error of Estimate