Which of the Following Statements Is True

question 17

Multiple Choice

Which of the following statements is true?

• A)Taking logarithmic of a count variable is a suitable way to model it.
• B)All standard count data distributions exhibit heteroskedasticity.
• C)The nonlinear least squares estimation aims at maximizing R².
• D)Count variables cannot take on the value zero.

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Definitions:

Eighteenth Century

The century that spans from January 1, 1701, to December 31, 1800, marked by significant events including the Enlightenment, the American Revolutionary War, and the beginning of the Industrial Revolution.

Middle Passage

The sea journey undertaken by slave ships from West Africa to the West Indies, notorious for its brutality and high mortality rates.

Trans-Atlantic Trade

Trans-Atlantic Trade refers to the trade that occurred across the Atlantic Ocean, especially notable for the exchange of goods, slaves, and commodities between Africa, Europe, and the Americas from the 16th to the 19th centuries.