The assumptions of the simple linear regression model do not include:
A) The errors are normally distributed.
B) The errors have constant variance across different values of X.
C) The errors are independent of each other.
D) The errors have mean of 0 and variance of 1.

Question

Quizplus · Accepted Answer

The assumption is that the errors have a mean of 0, but not necessarily a variance of 1. The variance should be constant but not specifically 1.

The Assumptions of the Simple Linear Regression Model Do Not