A high standard error of the estimate indicates that the:
A) mean is not a good representation of the sample data.
B) observed Ys will vary greatly from the predicted Ys.
C) sample mean is not a good representation of the population mean.
D) observed Ys will cluster closely around the regression line.

Question

Quizplus · Accepted Answer

A high standard error of the estimate means that there is a large amount of variability in the predicted Ys compared to the actual Ys. This suggests that the regression model may not be a good fit for the data, and that prediction accuracy may be lower.

A High Standard Error of the Estimate Indicates That The