For my computer science project, I am studying linear regression. There is the concept of calculation of standard error in that topic. Please help me understand how to calculate the error.
Process Required For The Calculation Of Standard Error In Linear Regression
Calculating the standard error during linear regression analysis is very easy. You just need to know the dataset first and percentage confidence level for each of the margins. Here are the steps to calculate the sampling error.
1. Find the size of the sample dataset (n) and proportion levels (x)
2. Multiply the proportion level (x) by (1-x)
3. Divide the result by n
4. Take the square root of the answer
This is called the standard error