Question
If the residuals from an OLS regression are not normally distributed, The coefficient estimates are biased The standard errors of coefficients are biased We can
If the residuals from an OLS regression are not normally distributed,
The coefficient estimates are biased The standard errors of coefficients are biased We can not use the standard probability distributions to test hypotheses The parameter estimates are unstable
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
13th edition
1111971633, 978-1111971632
