SER and (R^{2}) are measures of fit for a regression. Explain how (S E R) measures the

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SER and \(R^{2}\) are "measures of fit" for a regression. Explain how \(S E R\) measures the fit of a regression. What are the units of \(S E R\) ? Explain how \(R^{2}\) measures the fit of a regression. What are the units of \(R^{2}\) ?

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Introduction To Econometrics

ISBN: 9780134461991

4th Edition

Authors: James Stock, Mark Watson

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