What does the following equation describe- What is the resulting value.pdf

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What does the following equation describe? What is the resulting value called? Is there some relationship of that resulting value to the measure of estimation quality (RSE, RSS, R 2 )? i = 1 n ( x i x ) 2 i = 1 n ( y i y ) 2 i = 1 n ( x i x ) ( y i y ).

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