What is the measure that indicates how precise a prediction of Y is based on X or, - 6641

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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.   Least squares principle 

 

B.   Standard error of estimate

C.   Regression equation 

 

D.   Slope of the line 

 

Solution Description

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