One of the least squares assumptions in the multiple regression model is that you have random variables which are "i.i.d." This stands for
A)initially indeterminate differences.
B)irregularly integrated dichotomies.
C)identically initiated deltas (as in changes).
D)independently and identically distributed.

Question

Quizplus · Accepted Answer

"i.i.d." stands for "independently and identically distributed," which is one of the least squares assumptions in multiple regression. This means that the residuals (the difference between the actual and predicted values of the dependent variable) are independent of each other and have the same distribution.

One of the Least Squares Assumptions in the Multiple Regression