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1 (1 point) One of the assumptions of multiple regression is homoscedasticity. Which of the following accurately describes a homoscedastic relationship? The dependent variable must

1 (1 point) One of the assumptions of multiple regression is homoscedasticity. Which of the following accurately describes a homoscedastic relationship? The dependent variable must be continuous Some of the independent variables are highly correlated Residuals of the regression model are non-normally distributed Residuals have constant variance at different levels of predicted values Question 2 (1 point) What does a Pearson correlation of 0.01 with a p-value of 0.001 represent? (Note: use the 5% alpha level) A strong relationship which is statistically significant. A weak relationship which is not statistically significant. A weak relationship which is statistically significant. A strong relationship which is not statistically significant

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