Assumption of Bingueet analysis and Lee analysis
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Assumption of Bingueet analysis
According to Dictionary.com, an assumption is, "a thing that is accepted as true or as certain to happen, without proof." For both business and personal budgeting purposes, budget assumptions are expectations -- usually expected or presumed income and expenses.
Assumption of Lee analysis
here are four assumptions associated with a linear regression model: Linearity: The relationship between X and the mean of Y is linear. Homoscedasticity: The variance of residual is the same for any value of X. Independence: Observations are independent of each other.
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