Which of the following is true about the standard error of estimate?
A) Measure of the accuracy of the prediction
B) Based on squared vertical deviations between Y and Y'
C) Cannot be negative
D) All of these statements are correct
E) None of these statements are correct

Question

Quizplus · Accepted Answer

The standard error of estimate measures the accuracy of predictions, is based on squared deviations, and cannot be negative, making all statements correct.

Which of the Following Is True About the Standard Error