Describe the Standard Error of Estimate $S _ { e }$

question 54

Essay

Describe the standard error of estimate, $S _ { e }$ How do smaller values of $S _ { E }$ relate to the dispersion of data points about the line determined by the linear regression equation? What does it mean when $S _ { e }$ is 0 ?

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Definitions:

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Real Estate

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Economic Fluctuations

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