A normally distributed error term with mean of zero would
A)have values that are symmetric about the variance.
B)allow more accurate modeling.
C)yield biased regression estimates.
D)be a hyperbolic curve.

Question

Quizplus · Accepted Answer

A normally distributed error term with mean of zero would allow more accurate modeling because it would have a bell-shaped curve, which is the most common distribution in nature.

A Normally Distributed Error Term with Mean of Zero Would