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Commerce · Q419

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 419

Q419

In least squares regression, which of the following is not a required assumption about the error term E?

A.
The expected value of the error term is one
Answer
B.
The variance of the error term is the same for all values of x
C.
The values of the error term are independent
D.
The error term is normally distributed

Answer: Option A

Solution

Answer: Option A
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