The uniform variance assumption for the linear regression model states that the error terms are random variables with a mean equal to one and the same variance.

Name: The uniform variance assumption for the linear regression model states that the error terms are random variables with a mean equal to one and the same variance.
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The uniform variance assumption for the linear regression model states that the error terms are random variables with a mean equal to zero and the same variance.

The Uniform Variance Assumption for the Linear Regression Model States