Which of the Following Is Not an Assumption Made in Regression

question 85

Multiple Choice

Which of the following is not an assumption made in regression analysis?

• A)The parameters of the regression equation are linear.
• B)The values of successive observations are correlated.
• C)The errors for each individual value of x are normally distributed.
• D)Variation about the regression line is constant for all values of the independent variable.

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Definitions:

Risk and Uncertainty

The exposure to the possibility of loss or adverse outcomes in decision-making situations where the probabilities of various outcomes are not known.

Lack-Of-Participation Error

The potential distortion in judgment or decision-making caused by some participants not being actively involved or contributing to the process.

Decision's Implementation

The process of putting a chosen decision or strategy into action within an organization to achieve specific objectives.

Decision-Making Process

The systematic sequence of steps involved in identifying and evaluating choices and making a selection among alternative courses of action.