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.

---

Definitions:

Negligently

Acting with a lack of care or attention to duty that results in harm or damage.

Rescind

To rescind means to revoke, cancel, or annul a contract, agreement, or resolution, effectively making it as though it never existed.

Rely

Depend on or trust in something or someone for support or maintenance.

Voidable

A contract or transaction that is legally valid but may be declared void by one of the parties.