Which of the Following Is the Standard Error of Estimate

question 2

Multiple Choice

Which of the following is the standard error of estimate for a linear regression equation?​

• A)​the square root of (SS_residual/(n - 2))
• B)​the square root of (SS_residual/(n - 3))
• C)​the square root of (SS_regression/(n - 2))
• D)​the square root of (SS_regression/(n - 3))

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Definitions:

Current Year

Refers to the ongoing calendar or fiscal year in which business is conducted or accounting is measured.

Income Statement

A financial statement that shows a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income.

Contribution Margin

The difference between sales revenue and variable costs of a product or service, indicating how much contributes towards covering fixed costs and generating profit.

Gross Margin

A financial measurement that calculates the difference between a company’s total revenue and the cost of goods sold, expressed as a percentage of total revenue.