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Author Question: The linear regression model assumes the error random variable is: (Read 28 times)

nods

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Question 1

The least-squares method for determining the best fit minimizes the:

total variation in the dependent variable.


sum of squares for regression.


sum of squares for error.


sum of squares for thex-values.



Question 2

The linear regression model assumes the error random variable is:

a constant value.


normally distributed.


centered at some positive value.


a latent variable with an unknown distribution.



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Marked as best answer by nods on Feb 26, 2023

Snabbey

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nods

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Reply 2 on: Feb 26, 2023
YES! Correct, THANKS for helping me on my review


dyrone

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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