Revision as of 15:48, 26 May 2023 by Admin (Created page with "'''Key: E''' Solution: SSE is sum of the squared differences between the observed and predicted values. That is, [(2 − 4)<sup>2</sup> + (5 − 3)<sup>2</sup> + (6 − 9)...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Exercise


ABy Admin
May 26'23

Answer

Key: E

Solution: SSE is sum of the squared differences between the observed and predicted values. That is,

[(2 − 4)2 + (5 − 3)2 + (6 − 9)2 + (8 − 3)2 + (4 − 6)2 ] = 46. 

Copyright 2023. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.

00