Calculating and Interpreting the Standard Error of the Estimate (SEE) in Excel

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This video demonstrates how to calculate and interpret the standard error of the estimate (SEE) using Excel. Two separate methods are used to generate the statistic: data analysis tools and the STEYX function. The standard error of estimate allows the determination of a confidence interval in which a predicted score in a regression may fall.
  1. Dr. Todd Grande
  2. Excel
  3. Microsoft Excel
  4. standard error of the estimate
  5. regression
  6. independent variable
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You have done in 13 minutes what my instructors at an online university could not do in 2 weeks. Thank you. This video and the way you walk through the calculations in Excel made perfect sense. Your explanation of the interpretation of the Standard Error of the Estimate is clear and concise. Well done!

martinallen
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Great video, thank you for it. Do you have a video on how to calculate the Standard Error in the coefficients? What values shown in your output as 2.26 and 0.01 ?

sumsw
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Can this method (SEE) be used in other prediction methods or is it only used with the Linear Regression method?

andremartins
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This required many functions. Good introductory

kimeeshareedwalker