- 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
What is the measure that indicates how precise a prediction of Y is based on X or, conversely, how inaccurate the prediction might be?
A. Least squares principle
B. Regression equation
C. None of these answers
Explanation: This refers to the standard error of estimates.
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