Calculate and Interpret Standard Error of Estimate

Calculate standard error of estimate or SSE, interpret standard error of estimate

Learn Statistics in easy-to-understand explanation and visually attractive presentation.

What you will learn:
1. Predicting value of dependent variable using regression equation
2. What is standard error of estimate or SSE?
3. Formula of standard error of estimate or SSE
4. Interpret standard error of estimate or SSE
5. Regression residual
6. Sum of squared errors or SSE
7. Explain the denominator n-2 degrees of freedom
8. Which is better, smaller or bigger standard error of estimate?

Please watch related videos by clicking the link below:
Line of Best Fit using Excel Regression Analysis and Excel Scatter Plot

Least-Squares Method Explained

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[uditkumarchauhan]

Thanks so much for this video! What i like the most was the application and interpretations of concepts. As a learner I want to know why am I using a formula and how it helps in my life. Thanks..this helped me a lot.

[LearnerInfinity]

Thanks a lot for the first 1000 views of this video. Thanks also for the likes. Appreciate your support.

[inSMartistitrust]

Hello. What if the relationship between b2 and y is negative does the equation of SEE change?