Which of the Following Is Not One of the Assumptions

question 35

Multiple Choice

Which of the following is not one of the assumptions of regression?

• A) There is a population regression line
• B) The response variable is normally distributed
• C) The standard deviation of the response variable increases as the explanatory variables increase
• D) The errors are probabilistically independent

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Definitions:

Boot

Additional value or cash given along with a trade or exchange to equalize the value between traded items.

Plant Site

The location or real estate used for industrial or manufacturing operations.

Nominal Cost

A term often used to describe a cost that is very small or insignificant in comparison to the overall financial figures involved.

Acquired

The process in which one company obtains a majority stake in or the entirety of another company.