Economics · Business Statistics
Which one of the following is NOT an assumption of a simple linear regression model?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The error terms in successive observations are perfectly correlated.✓
- 2The dependent variable y is a continuous random variable.
- 3The variance of the error terms is constant for all values of the independent variable x.
- 4The set of expected values of the dependent variable y for given values of independent variable x are normally distributed.
Correct answer
The error terms in successive observations are perfectly correlated.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Business Statistics MCQs →Want more practice questions on Business Statistics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Business Statistics