A regression line for predicting income has an r.m.s. error of $2,000. It predicts someone's income as

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A regression line for predicting income has an r.m.s. error of $2,000. It predicts someone's income as $20,000. This is likely to be right give or take: a few hundred dollars, a few thousand dollars, ten or twenty thousand dollars. pl875

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Statistics

ISBN: 9780393522105

4th Edition

Authors: David Freedman, Robert Pisani, Roger Purves

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Question Posted: Sep 19, 2024 02:22 PM

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A regression line for predicting income has an r.m.s. error of $2,000. It predicts someone's income as

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