A Standard Deviation of the Error of the Regression Model

question 5

Multiple Choice

A standard deviation of the error of the regression model is called the _______.

• A)coefficient of determination
• B)sum of squares of error
• C)standard error of the estimate
• D)R-squared
• E)coefficient of correlation

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Definitions:

GVW Categories

Classification system for vehicles that categorizes them based on their gross vehicle weight, which includes the total weight of the vehicle and its maximum load.

Class 6

A classification referring to a medium-duty commercial truck as defined by the Department of Transportation, generally having a gross vehicle weight rating (GVWR) between 19,501 and 26,000 pounds.

Independent Trucker

An independent trucker is a self-employed truck driver who operates their own trucking business, often contracting with companies to transport goods.

Owner-Operator

An individual who owns and operates their own business or equipment, particularly common in the trucking and logistics industries.