Economics · Econometrics
Which of the following statements are valid assumptions of the Classical Linear Regression Model using Ordinary Least Squares (OLS)? (A) Expected value of the error term is zero (B) Heteroskedasticity is present (C) The model is linear in parameters (D) Autocorrelation is present
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(A) and (C) only✓
- 2(C) and (D) only
- 3(B) and (C) only
- 4(A) and (D) only
Correct answer
(A) and (C) only
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