The IV regression assumptions include all of the following with the exception of
A) the error terms must be normally distributed.
B) E(ui W1i,…,Wri) = 0.
C) Large outliers are unlikely: the X's,W's,Z's,and Y's all have nonzero,finite fourth moments.
D) (X1i,…,Xki,W1i,…,Wri,Z1i,… Zmi,Yi) are i.i.d.draws from their joint distribution.
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