Measurement Errors, Linear Regression, Variance, Correlation.
error ν which we assume to be additive. We can express the relation of y* with y as follows: The observed value y is the sum of the exact value y* and some error ν (Image by Author) We’ll assume that ν is normally distributed with a mean of zero and variance σ²_ν. Notation-size: ν ~N(0, σ²_ν). As