CFA Practice Question

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CFA Practice Question

Number of observations: 50.
Sum of squared residuals: 8956.
Number of independent variables: 5.

Calculate the standard error of estimate.
Correct Answer: 14.26

SEE = [8956/(50 - 5 - 1)]1/2 = 14.26.

User Contributed Comments 4

User Comment
PhiWong SEE=(SSE/(n-k-1)^0.5
nsmwaura This is wrong...8956 is SSR not SSE. I don't think you can compute the answer with the information given.
nsmwaura Disregard my comment. The answer is correct
Adi8232 lol nsmwaura. gotta tell Admins to enable us to at-least edit commmmmments hehe
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