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Basic Question 5 of 7
Examine the following residual by predicted plot. Which assumption is violated if we want to fit a linear regression model?
A. Linearity
B. Independence
C. Normality
D. Homoscedasticity
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
explain the assumptions underlying the simple linear regression model, and describe how residuals and residual plots indicate if these assumptions may have been violated
CFA® 2024 Level I Curriculum, Volume 1, Module 10.