Under what assumptions would Multiple Regtression be usedSol

Under what assumptions would Multiple Regtression be used?

Solution

Firstly, multiple linear regression needs the relationship between the independent and dependent variables to be linear.

Secondly, the multiple linear regression analysis requires all variables to be normal.

Thirdly, multiple linear regression assumes that there is little or no multicollinearity in the data

Fourthly, multiple linear regression analysis requires that there is little or no autocorrelation in the data.

The last assumption the multiple linear regression analysis makes is homoscedasticity.