MCQOPTIONS
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| 1. |
In least squares regression, which of the following is not a required assumption about the error term ? ___________ |
| A. | The expected value of the error term is one. |
| 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» B. The variance of the error term is the same for all values of x. | |