Question: In the simple regression model setting, is the standard deviation of the error term. All else equal, which of the following is correct? will get

In the simple regression model setting, is the standard deviation of the error term. All else equal, which of the following is correct?

  1. will get smaller as the sample size gets larger.
  2. The smaller the value of, more accurate our predictions will be.
  3. will be smaller for regressions with steeper true slope coefficients
  4. None of the Above

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