What are linear regression assumptions?
BnpData Scientist · Technical ScreenLast updated
Assesses understanding of the assumptions underlying ordinary least squares linear regression and the application of diagnostic methods to ensure unbiased parameter estimates and valid statistical inference.
You fit an ordinary least squares (OLS) linear regression model.
- What are the key assumptions behind OLS (for unbiasedness and for valid inference)?
- How would you diagnose common violations?
- What are typical mitigations if assumptions fail?
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