Question: **This is the full question. It's based on your interpretation for what the hope should be in the instances** Having constructed a regression model, does

**This is the full question. It's based on your interpretation for what the hope should be in the instances**

Having constructed a regression model, does the analyst hope the standard error of the estimate is small or large?

Having constructed a regression model, does the analyst hope the coefficient of determination is small or large?

Now, suppose the regression model used the monthly rental price of a house in dollars as y and the square footage of the apartment as x.

What are the units of measure of the standard error of the estimate?

What are the units of measure of the coefficient of determination?

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