The statement is true that is the standard error of estimate measures the accuracy of a prediction.
Given that,
We have a statement that is the standard error of estimate measures the accuracy of a prediction.
We have to find is the statement is true are false.
We know that,
The SE formula is used to determine how accurately a sample represents a population. The sample mean's departure from the specified population is provided as follows,
Formula for standard error
S.E=S/√n
Where, n is the number of observations and S is the standard deviation.
Therefore, The statement is true that is the standard error of estimate measures the accuracy of a prediction.
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