Given a one independent variable linear equation that states cost in $K and given the following information, calculate the standard error of the estimate and determine its meaning.

n=20 E(Y - Y)2 = 20000 Y = 314 C If we used this equation, we could typically expect to be off by :33.33K. If we used this equation, we could typically expect to be off by +33.33%. O If we used this equation, we could typically expect to be off by +$32.44K. If we used this equation, we could typically expect to be off by +32.44%