For a regression with 200 observations, we expect that about 10 residuals will exceed two standard errors.

Name: For a regression with 200 observations, we expect that about 10 residuals will exceed two standard errors.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

According to the 68-95-99.7 rule of normal distribution, we can expect approximately 5% of residuals to fall beyond two standard errors in either direction. Therefore, for a regression with 200 observations, we can expect around 10 residuals to exceed two standard errors.

For a Regression with 200 Observations, We Expect That About