Multiple Choice
The IV regression assumptions include all of the following with the exception of
A) the error terms must be normally distributed.
B) E(ui | W1i,…, Wri) = 0.
C) Large outliers are unlikely: the X's, W's, Z's, and Y's all have nonzero, finite fourth moments.
D) (X1i,…, Xki, W1i,…,Wri, Z1i, … Zmi, Yi) are i.i.d. draws from their joint distribution.
Correct Answer:

Verified
Correct Answer:
Verified
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