The ratio of the standard error of the slope coefficient (Equation 12.57) to the slope coefficient b1
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The ratio of the standard error of the slope coefficient (Equation 12.57) to the slope coefficient b1 is a measure of the relative accuracy of the coefficient, with a value below 30% indicating good accuracy and a value greater than 50% indicating poor accuracy. Evaluate the relative accuracy of the slope coefficient of Problem 12.46.
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Related Book For
Probability Statistics And Reliability For Engineers And Scientists
ISBN: 9781439809518
3rd Edition
Authors: Bilal M. Ayyub, Richard H. McCuen
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