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Basic Question 0 of 7

Normality means:

I. the dependent variable must be normally distributed.
II. the independent variable must be normally distributed.
III. the residuals must be normally distributed.

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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

explain the assumptions underlying a multiple linear regression model and interpret residual plots indicating potential violations of these assumptions.

CFA® 2025 Level II Curriculum, Volume 1, Module 1.