Question: Explain briefly why 2. The OLS residuals in the multiple regression model: A) cannot be calculated because there is more than one explanatory variable. B)

Explain briefly why 2. The OLS residuals in the multiple regression model: Explain briefly why

2. The OLS residuals in the multiple regression model: A) cannot be calculated because there is more than one explanatory variable. B) can be calculated by subtracting the fitted values from the actual values. C) are zero because the predicted values are another name for forecasted values. D) are typically the same as the population regression function errors

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