A Standardized Residual E_i = -2.205 Indicates

question 91

Multiple Choice

A standardized residual e_i = -2.205 indicates:

• A) a rather poor prediction.
• B) an extreme outlier in the residuals.
• C) an observation with high leverage.
• D) a likely data entry error.

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Definitions:

Field Size

The maximum amount of data that can be stored in a database field, often measured in characters or bytes.

State Field

A data field specifically used for storing the state portion of an address or geographical information in databases and applications.

Decimal Places Property

A numerical setting that determines the number of digits to the right of the decimal point in a numeric value.

Price Field

A specific field in databases or software applications designed to store monetary values representing the cost or price of items.