What Formula Would You Use to Calculate the Total of the Values

question 6

Multiple Choice

What formula would you use to calculate the total of the values in cells A1 through A4?

• A) =SUM(A1:A4)
• B) =(A1-A4)
• C) =SUM(A1-A4)
• D) =(A1:A4)

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Definitions:

Error Variable

A random variable signifying the discrepancy between the forecasted value and the true observed value in statistical analysis.

Regression Equation

A formula derived from regression analysis that predicts the dependent variable based on one or more independent variables.

Predicted Values

The outcomes forecasted by a statistical model, which represent the model's estimation of the dependent variable based on independent variable(s).

Standardized Residuals

Residuals normalized to have a mean of zero and a standard deviation of one, used in regression analysis to identify outliers.