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We can think of the standard error of estimate as
Maintenance Costs
The expenses associated with keeping an item, equipment or property in its best operating condition, including repairs, replacements, and routine check-ups.
Dry Cement
A powdery substance made by calcining lime and clay, used with water to make concrete, mortar, or plaster.
Dry Bulk Pressure Hopper
A container designed for transporting dry bulk materials, utilizing pressurized air to aid in the unloading process.
Variance
A statistical measure of the dispersion of data points in a data set, indicating how far each data point lies from the mean.
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