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OpenStudy (amtran_bus):
What is standard error of estimate?
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OpenStudy (amtran_bus):
What is standard error of estimate? I am getting a value of 5.6 x 10^-4 when I calculate it on excel. Is that a low error? There were only 3 data points (3x's and 3 y's).
OpenStudy (anonymous):
Standard error is a term used in statistics, this might just be due to rounding. I don't use excel, so I am unfamilar with how it rounds. As far as I remember, it wil display up to 10(?) digits after the decimal. You can format it so round to a certain decimal place.
OpenStudy (amtran_bus):
To solve in excel, you just type (=STEYX
OpenStudy (anonymous):
Oh, so it is statistics-related then
OpenStudy (amtran_bus):
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