The standard error of an estimate is the standard deviation of ...

[wenmo]

The standard error of an estimate is the standard deviation of the sampling distribution of the estimate. It measures how much estimates from different samples vary.
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

Econometric forecasting models, also called causal models, use regression to forecast a time series variable by using other explanatory time series variables.
 a. True
  b. False
   Indicate whether the statement is true or false

[miss_1456@hotmail.com]

Answer to Question 1

TRUE

Answer to Question 2

TRUE

[wenmo]

Excellent

[31809pancho]

Thanks for the timely response, appreciate it