What is the Standard Error of the Regression (S)? S becomes smaller when the data points are closer to the line. In the regression output for Minitab statistical software, you can find S in the Summary of Model section, right next to R-squared. Both statistics provide an overall measure of how well the model fits the data. S is known both as the standard error of the regression and as the standard error of the estimate. S represents the average distance that the observed values fall from the regression line. Conveniently, it tells you how wrong the regression model is on average using the units of the response variable.
Confidence votes 5.0K. The maturity stage is when a product has grown in the market to it's full potential and begins to stagnate or slow in sales. This has presented many issues for companies due to the reduction of product value which occurs when competitors reduce pricing on competing products to gain market share.
AbstractâCMMI (Capability Maturity Model Integration) is a process improvement maturity model for the development of products and. services. It consists of best practices that address development and maintenance activities that cover the product lifecycle from. inception through delivery and maintenance.