The Measure of Accuracy of Prediction in Linear Regression Is

question 14

Multiple Choice

The measure of accuracy of prediction in linear regression is provided by the.

• A)standard deviation of Y '
• B)standard deviation of Y - Y values
• C)standard error of estimate
• D)standard error of the mean

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Definitions:

Rival Consumption

A situation where the consumption of a good by one individual prevents simultaneous consumption by other individuals.

Excludable

A characteristic of a good or service where it's possible to prevent individuals who have not paid for it from having access.

Television Signal

The electronic waves transmitted from a broadcast station that carry audio and visual information to televisions.

Nonrival Consumption

A characteristic of goods where one person's consumption does not reduce availability or enjoyment of the good for others.