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All of the following are assumptions of the error terms in the simple linear regression model except
Board of Directors
A group of individuals elected by shareholders to oversee the major decisions and policies of a corporation.
Common Stock
A form of corporate equity ownership, a type of security that represents ownership in a corporation, entitling the owner to a proportion of the company's assets and profits.
Preemptive Rights
Rights given to existing shareholders to purchase additional shares in a company during a new issue before the shares are offered to the public, allowing shareholders to maintain their proportional ownership.
Stockholders
Individuals or entities that own one or more shares of stock in a corporation, making them partial owners of that company.
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