Multiple Choice
In the simple linear regression model, Y = +
X + e,
A) the errors are assumed to be as likely to occur above the line as below the line.
B) the errors are assumed to be more likely to occur above the line than below it.
C) the errors are assumed to be more likely to occur below the line than above it.
D) it is assumed that the error is larger for larger values of X.
Correct Answer:

Verified
Correct Answer:
Verified
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