The error term εi in the population regression model yi = β0 + β1 xi + εi is assumed to be
A)observable.
B)autocorrelated.
C)heteroscedastic.
D)normally distributed.

Name: The error term εi in the population regression model yi = β0 + β1 xi + εi is assumed to be A)observable. B)autocorrelated. C)heteroscedastic. D)normally distributed.
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The error term εi is assumed to be normally distributed in the population regression model.

The Error Term εI in the Population Regression Model Yi