Based on goodness-of-fit measures, what is the percentage of the sample variation unexplained by Model 2? Model 1 Model 2 Model 3 Standard error of the estimate Se 6, 204.9086 5,614.9849 5,818.1321 Coefficient of determination R2 0.8262 0.5931 0.0415 Adjusted R2 0.3855 0.9980 0.3730 Multiple Choice 59.31% 99.80% 37.30% 40.69%

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.