Question

How do you calculate the standard error of the estimate against a single data point. i.e....

How do you calculate the standard error of the estimate against a single data point. i.e. at age 13

Homework Answers

Answer #1

Standard Error ofestimate is given by:

,

where

   is the standard error of estimate,

Yi is the actual score of ith data

is the predicted score of ith data

N is the number of pairs of scores.

For a single data point, i.e., at age 13,

we have N = 1.

Substituting, we get:

     

Thus, for a single data point,;

where

Y =actual score

= predicted score

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
How do you calculate labour market ratios (i.e unemployment rate) from raw data?
How do you calculate labour market ratios (i.e unemployment rate) from raw data?
how do you calculate percent error for science
how do you calculate percent error for science
Using the sample standard deviation of age as an estimate of the population standard deviation, calculate...
Using the sample standard deviation of age as an estimate of the population standard deviation, calculate by hand the standard error of the mean. Show your calculations and the answer. Calculate by hand a 95% confidence interval for "Age" based on the sample mean. Age 18 20 21 24 26 29 30 31 32 35 35 36 37 39 40 42 42 42 44 45 46 48 49 50 52 53 54 58 59 61
how do i calculate the Absolute Error(error/actual sales)?
how do i calculate the Absolute Error(error/actual sales)?
Define random error? How do you assess a random error? How do you reduce random error?
Define random error? How do you assess a random error? How do you reduce random error?
how do you calculate standard and average deviations ?
how do you calculate standard and average deviations ?
You want to estimate the average household income for Ohio. You want the margin of error...
You want to estimate the average household income for Ohio. You want the margin of error to be no more than $1,000. Prior data shows the standard deviation of household income is $30,000. How many households should we sample to achieve the desired margin of error? Suppose you want to cut the margin of error down to $500 next time. What should your sample size be? Suppose you want to cut the margin down to 1/3 of what it started...
QUESTION 5 Calculate the point estimate for this problem.  Follow the rounding described in the Power Point...
QUESTION 5 Calculate the point estimate for this problem.  Follow the rounding described in the Power Point Notes. A student watches 185 people exit a Wawa. 46 of them are carrying a cup of coffee. Find the point estimate from this sample for the true percentage of people purchasing a coffee at Wawa. A. 24.9% B. 25% C. 40.2% D. 46% QUESTION 6 Calculate the point estimate for this problem.  Follow the rounding described in the Power Point Notes. A student asks...
Activity #4 Standard Deviation and Standard Error Imagine you are a researcher for the Tesla Motor...
Activity #4 Standard Deviation and Standard Error Imagine you are a researcher for the Tesla Motor Company interested in learning the maximum price consumers are willing to pay for an electric truck. As a pretest, you conducted a small survey from a convenience sample of 25 shoppers at a local mall and asked participants to state how much they would be willing to pay for a brand new electric truck (i.e., Cybertruck) like the one pictured above. The results of...
NEED ANSWER WITHIN AN HOUR a. For the cases below, calculate the standard error for estimate...
NEED ANSWER WITHIN AN HOUR a. For the cases below, calculate the standard error for estimate of the proportion? n = 500 and p = 0.1 n = 100 and p = 0.92 b. Comment on whether the sample sizes are large enough so that the sample proportions can be approximated by a normal distribution
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT