What is the standard error of the estimate? A. What does it have to do with the

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What is the standard error of the estimate?

A. What does it have to do with the concept of homoscedasticity?

Explain what is meant by homoscedasticity. Use all pertinent graphical work in your response.

B. How can the standard error of the estimate be used as a measure of goodness of fit? Use all pertinent graphical work in your response.

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