Which of the Following Is True About the Standard Error

question 161

Multiple Choice

Which of the following is true about the standard error of estimate?

• A) Measure of the accuracy of the prediction.
• B) Based on squared vertical deviations between Y and Y'.
• C) Cannot be positive.
• D) All of these statements are correct. Measure of the accuracy of the prediction; based on squared vertical deviations between Y and Y'; cannot be negative.

---

Definitions:

Obama Administration

The executive branch of the U.S. government from 2009 to 2017, under the leadership of President Barack Obama.

Transfer Payments

Payments made by governments to individuals or other governments without receiving any goods or services in return, such as social security or grants.

Aggregate Demand

Aggregate demand represents the total demand for all goods and services within an economy at a given overall price level and in a given time period.

Tax Cuts

Tax cuts refer to reductions in the amount of taxes that individuals or corporations are required to pay.