What does the multiple standard error of estimate measure?
A) The change in
B) The variability of the residuals
C) The regression mean square error in the ANOVA table
D) The amount of explained variation

Question

Quizplus · Accepted Answer

The multiple standard error of estimate measures the variability of the residuals, which is the difference between the observed values and the predicted values. It provides a measure of how well the model fits the data and gives an idea of the average distance that the observed values are from the predicted values.

What Does the Multiple Standard Error of Estimate Measure