Multiple Choice
For the situation above, give a practical interpretation of .
A) We estimate SALARY to increase for every 1-point increase in GMAT.
B) We expect to predict SALARY to within of its true value using GMAT in a straight-line model.
C) Our predicted value of SALARY will equal for any value of GMAT.
D) We expect the predicted SALARY to deviate from actual SALARY by at least using GMAT in a straight-line model.
Correct Answer:

Verified
Correct Answer:
Verified
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