Which of the Following Is Not One of the Assumptions

question 30

Multiple Choice

Which of the following is not one of the assumptions of regression?

• A)There is a population regression line.
• B)The explanatory variable is normally distributed.
• C)The response variable is normally distributed.
• D)The errors are probabilistically independent.

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Definitions:

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the government.

Confirmatory Value

The usefulness of financial information in confirming or correcting prior expectations.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and government bodies.

Revenue Agency

This is a government body responsible for the administration of tax laws and the collection of taxes and other revenue.