## Description

The general single-equation linear regression model, which is the universal set containing

simple (two-variable) regression and multiple regression as complementary subsets, explain

The assumptions of the model

## Explanation & Answer

Attached.

Running Header: CLASSICAL LINEAR REGRESSION

Classical Linear Regression

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Date

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CLASSICAL LINEAR REGRESSION

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Assumptions being satisfied entail the following:

(1) Each value of Xi and of Y is observed without measurement error.14 Alternatively, this first

assumption maybe partially relaxed to state that only Xi must be observed without measurement

error but, in this case...