Which of the following is a correct statement? SSR=SST+SSE None of the above are correct. Homoscedasticity implies that at the population level, the variance of Y given different X values are...

Which of the following is a correct statement?

SSR=SST+SSE

None of the above are correct.

Homoscedasticity implies that at the population level, the variance of Y given different X values are different.

If the correlation between X and Y equals 1, then a simple regression between these two variables will create no disturbances.

Coefficient of determination gives the share of variation in Y that can not be explained by explanatory variables.

Constants have no explanatory power.

Jun 04, 2022

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