In a particular model,the sum of the squared residuals was 847.If the model had 5 independent variables,and the data set contained 40 points,the value of the standard error of the estimate is 24.912.

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Quizplus · Accepted Answer

The value of the standard error of the estimate can be calculated using the formula SE = sqrt(SSE/df), where SSE is the sum of squared residuals and df is the degrees of freedom. In this case, SSE = 847 and df = 40-5-1 = 34 (since there are 5 independent variables and 1 intercept term). Plugging these values into the formula, we get SE = sqrt(847/34) = 24.912, which matches the given value. Therefore, the answer is true.

In a Particular Model,the Sum of the Squared Residuals Was