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

question 18

Essay

Describe the standard error of estimate, $S _ { e }$ . How do smaller values of se 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?

---

Definitions:

Fundamental Attribution Error

The inclination to place excessive focus on personal characteristics while undervaluing the impact of environmental conditions in interpreting the actions of others.

Individualism

A cultural orientation that values the independence, autonomy, and self-interest of individuals over groups or collectives.

Protestantism

A branch of Christianity that originated with the Reformation, a movement against what its followers perceived to be errors in the Roman Catholic Church.

Socioeconomic Status

The social standing or class of an individual or group, often measured as a combination of education, income, and occupation.