In a multiple regression model,the error variable $\varepsilon$ is assumed to have a mean of:
A) -1.0
B) 0.0
C) 1.0
D) None of these choices.

Name: In a multiple regression model,the error variable $\varepsilon$ is assumed to have a mean of: A) -1.0 B) 0.0 C) 1.0 D) None of these choices.
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Question

Quizplus · Accepted Answer

The error variable in a regression model is assumed to have a mean of 0, as the model is designed to capture all the systematic variation, leaving only random error. Therefore, option B is the correct choice.

In a Multiple Regression Model,the Error Variable ε\varepsilonε Is Assumed to Have a Mean Of: A) -1

In a Multiple Regression Model,the Error Variable $\varepsilon$ Is Assumed to Have a Mean Of:
A) -1