Using the regression output in Exercise 1, identifies the error standard deviation and explain what it means in the context of the problem In Exercise 1 Response variable is Grad R squared 75 2 s 0 0254 with 50 2 48 degrees of freedom Variable Coefficient SE(Coeff) t Ratio P Value Intercept 0 97517...

The error standard deviation is s 00254 or 254 percentage point ...

Using the regression output in Exercise 1, identifies the error standard deviation and explain what it means

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Using the regression output in Exercise 1, identifies the error standard deviation and explain what it means in the context of the problem
In Exercise 1

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Stats Data and Models

ISBN: 978-0321986498

4th edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

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Question Posted: Jan 20, 2016 06:19 AM

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Using the regression output in Exercise 1, identifies the error standard deviation and explain what it means

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Response variable is Grad% R-squared 75.2% s 0.0254 with 50-2- 48 degrees of freedom Variable Coefficient SE(Coeff) t-Ratio P-Value Intercept 0.975175 0.0074 13 s0.0001 Acceptance % -0.284895 0.0236-12.1 s0.0001

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The error standard deviation is s 00254 or 254 percentage point...View the full answer

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