What does the standard error of regression tell us?
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Regressions differing in accuracy of prediction. The standard error of the estimate is a measure of the accuracy of predictions. Recall that the regression line is the line that minimizes the sum of squared deviations of prediction (also called the sum of squares error).
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Ethan Martinez
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Regressions differing in accuracy of prediction. The standard error of the estimate is a measure of the accuracy of predictions. Recall that the regression line is the line that minimizes the sum of squared deviations of prediction (also called the sum of squares error).
