
more statistics problems
In order to run a simple linear regression and then analyze the results statistically as we did using the least squares approach, certain conditions must be satisfied. Which one of the following statements is NOT one of the conditions that must be satisfied? Select your answer from the following:
a) The distribution of the Yi values must be normally distributed.
b) The distribution of the εi values must be normally distributed.
c) The distribution of the Xi values must be normally distributed
d) The variance σ2 must be constant
e) The εi error terms must be independent or at least uncorrelated.