The Following Are All Least Squares Assumptions with the Exception

question 60

Multiple Choice

The following are all least squares assumptions with the exception of:

• A)The conditional distribution of u_i given X_i has a mean of zero.
• B)The explanatory variable in regression model is normally distributed.
• C)(X_i, Y_i), i = 1,..., n are independently and identically distributed.
• D)Large outliers are unlikely.

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Definitions:

Subjective Experiences

Individuals' personal perceptions and feelings about their lives and the world around them.

Unconscious Attitudes

Deeply held beliefs or feelings that are not within an individual's immediate awareness, often influencing behavior unknowingly.

Delinquent

A person, typically young, who has committed minor crimes or acts of misconduct.

Underprivileged Children

Young individuals who experience a lack of financial, social, or emotional resources, affecting their development and opportunities.