what does the standard error of the estimate of the dependent variable measure?
ID: 3235791 • Letter: W
Question
what does the standard error of the estimate of the dependent variable measure?
-a change in the dependent variable for a change in an independent variable
-the regression mean square error in the ANOVA Table
-the percent of the explained variation
-the error in predicting the dependent variable using the est. equation.
the actual closing daily stock price of a corporation for december 9 is 81.37. suppose the forecast price for december 9 is 81.88. using an exponential smoothing constant of 0.2 what is the forecast stock price for dec. 10
- 81.86
81.55
81.81
81.78
Explanation / Answer
1) the error in predicting the dependent variable using the est. equation.
2) 0.2*81.37 + 0.8*81.88 = 81.78
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