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Based on the regression output, what is the standard error (or standard deviation) of the error term? (

Based on the regression output, what is the standard error (or standard deviation) of the error term? (

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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25) Below is some of the regression output from a simple regression of the number of wins for a major league baseball team and the size amount of money the team is paying its players (expressed in millions of $'s) *fill in table* Based on the regression output, what is the standard error (or standard deviation) of the error term? (please express your answer using 2 decimal places)
Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 30 ANOVA df SS MS F Regression 1032.6 1032.6 13.7 Residual 2109.7 75.3 Total Coefficients Standard Error t Stat P-value Lower 95% Upper 95% 75.9 Intercept 67.6 4.02 16.8 3.515E-16 59.4 Payroll 0.249 0.0673 10.0009 70.387
Transcribed Image Text:Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 30 ANOVA df SS MS F Regression 1032.6 1032.6 13.7 Residual 2109.7 75.3 Total Coefficients Standard Error t Stat P-value Lower 95% Upper 95% 75.9 Intercept 67.6 4.02 16.8 3.515E-16 59.4 Payroll 0.249 0.0673 10.0009 70.387
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