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Commerce · Q429

Costing

Graduate and Post Graduate · Commerce · question 429

Q429

Standard error of regression analysis is known as

A.
average of coefficient
B.
variance of residual
Answer
C.
mean of residual
D.
average of residual

Answer: Option B

Solution

Answer: Option B
Solution:
Standard error of regression analysis is known as variance of residual. It is also called unexplained variance.