About this document
Classical Linear Regression Assumptions by sarthak is a document available to read on EtoBox.
The document outlines the 7 assumptions of the classical linear regression model: 1. The regression model is linear, correctly specified, and has an additive error term. 2. The error term has a zero population mean. 3. All explanatory variables are uncorrelated with the error term. 4. Observations of the error term are uncorrelated with each other. 5. The error term has a constant variance. 6. No explanatory variable is a perfect linear function of any other explanatory variables. 7. The error term is n
- Author
- sarthak
- Language
- EN