Using the output for Question 4 of the IDAS, what does the maximum absolute error statistic represent here (this is represented by the column labeled "max")?

Options:

The maximum statistic is small indicating at least 1 house was predicted well.

The maximum statistic is large indicating at least 1 house was predicted very poorly.

The maximum absolute error statistic is not directly interpretable.

ames test %>% df_stats(- absolute_error, min, max, mean, median, sd, IQR) response min max mean median sd IQR A data.frame: 1 x7 absolute_error 87.51993 368861.9 37013.27 25040.9 41256.83 37642.71