Which of the Following Is Not a Required Condition for the Error

question 27

Multiple Choice

Which of the following is not a required condition for the error variable $\varepsilon$ in the simple linear regression model?

• A)The probability distribution of \(\varepsilon\) is normal.
• B)The mean of the probability distribution of \(\varepsilon\) is zero.
• C)The standard deviation \(\sigma _ { \varepsilon }\) of \(\varepsilon\) is a constant, no matter what the value of x.
• D)The values of \(\varepsilon\) are auto correlated.

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The process by which a person or entity obtains the legal right or title to an asset or property.

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Legally responsible or obligated to provide compensation for harm caused by one's actions or failure to act.