- CFA Exams
- CFA Level I Exam
- Study Session 2. Quantitative Methods (1)
- Reading 4. Introduction to Linear Regression
- Subject 3. The standard error of estimate and the coefficient of determination
CFA Practice Question
If all the plots on a scatter diagram lie on a straight line, what is the standard error of estimate?
A. 0
B. 1
C. Infinity
Explanation: The standard error of estimate basically measures the difference between the points and the straight line.
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