Residuals Are Assumed to Be

question 77

Multiple Choice

Residuals are assumed to be

• A) dependent, uniformly distributed random variables.
• B) independent, uniformly distributed random variables.
• C) dependent, normally distributed random variables.
• D) independent, normally distributed random variables.

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Definitions:

Simple Linear Regression

A technique in statistics that estimates the association between an independent variable and a dependent variable using a straight line.

Negatively Related

A term describing the relationship between two variables where an increase in one variable is associated with a decrease in the other.

Correlation Coefficient

A statistical measure that calculates the strength of the relationship between two variables and their direction (positive or negative).

y-Intercept Coefficient

The constant term in a linear regression model, representing the value of the dependent variable when all independent variables are set to zero.