Multiple Choice
The main assumption of OLS for any model is:
A) to check whether the error term is uncorrelated with the response variable.
B) to check whether the error term is correlated with the explanatory variables.
C) to check whether the error term is uncorrelated with the explanatory variables.
D) to check whether the error term is correlated with the response variable.
Correct Answer:
Verified
Correct Answer:
Verified
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