Exam (elaborations)
CS MGT6203 Data Analytics for Business Midterm 1 - cheat sheet 2023
- Institution
- Georgia Institute Of Technology
Assumptions of OLS Linearity Assumption: E[Y] = β0 + β1x. We are assuming the expected value of Y for any given X is a linear function of X (approximates to a straight line) 2. Assumption about errors: We assume the error terms are independently and identically distributed (iid) normal random v...
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