That a scatter diagram plot will be spread uniformly and in accord with the normal curve assumptions over the regression line is:
A) one of the assumptions of regression analysis
B) one of the assumptions of time series analysis
C) the only assumption of exponential smoothing
D) the only assumption of scatter diagram plots
E) an understood fact

Question

Quizplus · Accepted Answer

The statement is one of the assumptions of regression analysis. Regression analysis assumes that the scatter diagram plot will be spread uniformly and in accord with the normal curve assumptions over the regression line. This assumption is important in assessing the goodness of fit of the regression model.

That a Scatter Diagram Plot Will Be Spread Uniformly and in Accord