The standard error of the estimate is used to help predict a range within which we would expect an actual result to fall.

Name: The standard error of the estimate is used to help predict a range within which we would expect an actual result to fall.
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Question

Quizplus · Accepted Answer

The standard error of the estimate is a measure of the accuracy of predictions made with a regression analysis. It helps to estimate the range within which the actual result is likely to fall. Therefore, the statement is true.

The Standard Error of the Estimate Is Used to Help