Conditions at different phases of an industry life cycle provide similar opportunities and

An employee who provides clerical backup for outside salespersons, runs credit checks, follows up on deliveries, and answers customers' business-related questions is called a sales assistant

Indicate whether the statement is true or false

The difference between the observed value of Y and the value predicted by the regression equation is called the ________

A) correlation coefficient B) residual C) standard error D) random error E) total error