Explore BrainMass

Explore BrainMass

    Regression analysis

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    The standard error of the estimate can be used to determine a range within which the independent X variables can be predicted with varying degrees of statistical confidence based on the regression coefficients and the value for the Y variable.
    Why is this statement true or false?

    © BrainMass Inc. brainmass.com March 4, 2021, 5:55 pm ad1c9bdddf
    https://brainmass.com/statistics/regression-analysis/regression-analysis-18176

    Solution Preview

    This statement is false.

    The correct statement is
    The standard error of the estimate is used to ...

    Solution Summary

    Answers a question on regression analysis

    $2.49

    ADVERTISEMENT