What is the measure that indicates how precise a prediction of Y is based on X - 11897

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mareya

mareya

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What is the measure that indicates how precise a prediction of Y is based on X or, conversely, how inaccurate the prediction might be? 

A.   Slope of the line 

B.   Standard error of estimate

C.   Least squares principle 

D.   Regression equation 

 
Solution Description

What is the measure that indicates how precise a prediction of Y is