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Multiple linear regression model

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Reference no: EM133302463

Question 1. State the Least Squares Assumptions for the Multiple Linear Regression Model.

Question 2. Explain the difference between perfect and imperfect multicollinearity and explain if either of them violate the OLS assumptions. Please give an example for each case.

Question 3. What is the dummy variable trap and how do you avoid it?

Reference no: EM133302463

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