The Following Is Not Part of the Extended Least Squares $\sigma _ { u } ^ { 2 }$

question 29

Multiple Choice

The following is not part of the extended least squares assumptions for regression with a single regressor:

• A)var(u_i | X_i)= \(\sigma _ { u } ^ { 2 }\)
• B)E(u_i | X_i)= 0.
• C)the conditional distribution of u_i given X_i is normal.
• D)var(u_i | X_i)= \(\sigma _ { u , i } ^ { 2 }\)

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Definitions:

Employment Discrimination

Unfair treatment or prejudice against employees or job applicants based on race, color, religion, sex, national origin, age, disability, or genetic information instead of job performance or qualifications.

Relatively Lower Wages

Wages that are lower when compared to a certain benchmark, such as the national average, industry standard, or a competing firm.

Minorities

Groups in a population that are smaller in number than the main group and may have different national, religious, linguistic, or cultural origins.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, characterized by high unemployment, deflation, and a fall in consumer spending and investment.