OLS assumptions

0.0(0)
Studied by 0 people
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/5

encourage image

There's no tags or description

Looks like no tags are added yet.

Last updated 7:13 AM on 4/8/26
Name
Mastery
Learn
Test
Matching
Spaced
Call with Kai

No analytics yet

Send a link to your students to track their progress

6 Terms

1
New cards

Linearity

The conditional expectation of Y is a linear function of the parameters and the regressors. Explanation:

2
New cards

Constant error variance

the conditional variance of the response is the same for all cases. Explanation:

3
New cards

Normality (not too important)

errors are normally distributed at each fixed combination of predictor values. Explanation:

4
New cards

Independence of observations (important)

each case provides an independent piece of information. Explanation:

5
New cards

Predictors independent of the errors

correlation between predictors and error term = 0. Explanation:

6
New cards

No perfect collinearity

no predictor is a perfect linear function of the others. Explanation: