question archive In the simple regression model setting, σ is the standard deviationof the error term ?
In the simple regression model setting, σ is the standard deviationof the error term ?
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In the simple regression model setting, σ is the standard deviationof the error term ?. All else equal, which of the following is correct?
-σ will get smaller as the sample size gets larger.
-The smaller the value of σ, more accurate our predictions will be.
-σ will be smaller for regressions with steeper true slope coefficients
-None of the Above
