Definitions
There is 1 meaning of the phrase
Residual Standard Deviation.
Residual Standard Deviation - as a noun
The standard deviation of points formed around a linear function, and an estimate of the accuracy of the dependent variable being measured.
Example: "Therefore, a residual standard deviation of 0.345 means that about 95% of prediction errors will be less than 2(0.345) 0.690."
Example Sentences
"The residual standard deviation is a measure of the scatter or variability of the residuals in a regression model."
"In the analysis, the researcher calculated the residual standard deviation to assess the model's prediction accuracy."
"The residual standard deviation of the experimental group was significantly lower than that of the control group."
"To evaluate the model's goodness of fit, the researcher examined the residual standard deviation."
"The smaller the residual standard deviation, the better the model fits the data."
