Estimation Errors Are Often Referred to as

question 5

Multiple Choice

Estimation errors are often referred to as

• A) mistakes.
• B) constant errors.
• C) residuals.
• D) squared errors.

---

Definitions:

Economic Status

A measure of a person's or a community's financial health, often evaluated through income, wealth, and consumption levels.

The Survey

is a research method used to collect data from a predefined group of respondents to gather information and insights on various topics.

High School Grades

The evaluation of a student's performance in high school courses, usually represented by letters (A, B, C, etc.) or numbers.

College Grades

The system of evaluation used in higher education to assess the academic performance of students.