If a regression model estimate of total profit is $50,000 with a standard error of the estimate

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If a regression model estimate of total profit is $50,000 with a standard error of the estimate of $25,000, what is the chance of an actual loss?

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Managerial Economics

ISBN: 978-0324588866

12th edition

Authors: Mark Hirschey

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Question Posted: Feb 13, 2015 09:49 AM

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If a regression model estimate of total profit is $50,000 with a standard error of the estimate

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The standard error of the estimate can be used to determine a range within which the dependent Y var...View the full answer

Managerial Economics

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