A regression line using 25 observations produced SSR = 118.68 and SSE = 56.32. The standard error of estimate was:
A) 2.1788
B) 1.5648
C) 1.5009
D) 2.2716
E) 2.007

Question

Quizplus · Accepted Answer

The standard error of estimate (SEE) is calculated using the formula SEE = sqrt(SSE / (n - 2)), where SSE is the sum of squares due to error, and n is the number of observations. Plugging in the given values, SEE = sqrt(56.32 / (25 - 2)) = sqrt(56.32 / 23) = 1.5648.

A Regression Line Using 25 Observations Produced SSR = 118