When All the Actual Values of Y Are Equal to Their

question 52

Multiple Choice

When all the actual values of y are equal to their predicted values,the standard error of estimate will be:

• A)1.0
• B)−1.0
• C)0.0
• D)None of these choices.

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Definitions:

Cognitive Miser

A term used to describe people’s reluctance to do much extra thinking.

Carefully Thinks

A cognitive process involving deliberate and thorough consideration of various aspects of a situation or problem.

Rational Decision

This term describes a decision-making process that is based on making choices that result in the optimal level of benefit or utility for an individual.

Schema

A cognitive framework or concept that helps individuals organize and interpret information, based on past experiences and knowledge.