Which of the Following Would Be Most Useful in Checking

question 45

Multiple Choice

Which of the following would be most useful in checking the normality assumption of the errors in a regression model?

• A)The t statistics for the coefficients
• B)The F-statistic from the ANOVA table
• C)The histogram of residuals
• D)The VIF statistics for the predictors

---

Definitions:

Rent

A fee charged for the use of property or land, typically paid monthly by tenants to landlords.

Economic Rent

Income earned from the possession of a unique asset or advantage not due to individual effort or investment, such as land ownership or patents.

Unearned Surplus

Income derived from investments rather than from work or productive activity.

Henry George

Henry George was an American political economist and journalist who advocated for the "Single Tax" on land, arguing that this would reduce economic inequalities and promote social justice.