All of the following are assumptions of the error terms in the simple linear regression model except:
A)Errors are normally distributed.
B)Error terms have a mean of zero.
C)Error terms have a constant variance.
D)Error terms indicate a positive autocorrelation.
E)Error terms are statistically independent.

Question

Quizplus · Accepted Answer

Positive autocorrelation in the error terms violates the assumption of independence, which is required for the validity of the simple linear regression model.

All of the Following Are Assumptions of the Error Terms