Tag: p value

Troubleshooting Tips For Extracting Standard Errors Lm R

February 8, 2022 By Lucas Nibbi Off

The standard error of any regression gives you an absolute measurement, the typical distance that data locations fall from the regression line. The R-squared provides a relative measure that indicates the percentage of dependent variance that the model explains. R squared can range from 0…

Standard Error Corrective Actions To Interpret Problems

August 26, 2021 By Brian Moses Off

  These troubleshooting methods are worth checking out if you get a standard error to interpret the error. For each standard error of the mean, its value indicates how many reductions in the sample are likely to fall from which the population mean differs using…