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How to test Linearity in Parameters for Linear Regression

How to test Linearity in Parameters for Linear Regression

by Solutionshala | Dec 11, 2020 | Econometrics

One of the crucial assumptions that we test for while building Ordinary Least Squared based models or Linear Regressions is linearity in parameters. Linearity simply implies that our dependent (Y) variable can be expressed as a linear function of the explanatory...

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