In Linear Regression,one Assumption Is That There Is an Independence

question 23

Multiple Choice

In linear regression,one assumption is that there is an independence of errors.In logistic regression,violating this assumption produces what?

• A)Overdispersion
• B)Underdispersion
• C)Neither
• D)Both

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Definitions:

Good Y

Typically refers to a variable representing a particular good or service in economic models.

Units

A standard measurement or quantity used to specify or measure, such as pieces, liters, or kilograms.

Utility Function

A mathematical representation of how different combinations of goods or services contribute to a consumer's satisfaction.

Budget Constraint

A limitation that represents the combination of goods and services that a consumer can purchase given their income and the prices of those goods and services.