What happens to the standard error of estimate as the correlation between X and Y increases?It increases.It decreases.It remains constant.It becomes zero
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Solution 1
The standard error of estimate decreases as the correlation between X and Y increases. This is because a higher correlation between X and Y indicates a stronger linear relationship, which means the data points are closer to the regression line. This reduces the amount of error in the estimates. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Know
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