The IV Regression Assumptions Include All of the Following with the Exception

question 26

Multiple Choice

The IV regression assumptions include all of the following with the exception of

• A)the error terms must be normally distributed.
• B)E(ui W1i,…,Wri)= 0.
• C)Large outliers are unlikely: the X's,W's,Z's,and Y's all have nonzero,finite fourth moments.
• D)(X1i,…,Xki,W1i,…,Wri,Z1i,… Zmi,Yi)are i.i.d.draws from their joint distribution.

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Definitions:

Correlation

A statistical measure that expresses the extent to which two variables change together, but does not necessarily imply causation.

Variables

Elements, features, or factors that can change and have different values across individuals or situations in a research study.

Relationship

A connection, association, or involvement between two or more parties.

Correlation

describes the statistical relationship between two variables, indicating whether and how strongly they change together, without implying causation.