In a multiple regression model, the variance of the error term ε is assumed to be
A) the same for all values of the dependent variable
B) zero
C) the same for all values of the independent variable
D) -1

Question

Quizplus · Accepted Answer

In a multiple regression model, the assumption of homoscedasticity states that the variance of the error term ε is constant across all values of the independent variable(s).

In a Multiple Regression Model, the Variance of the Error