Question: (Q7): Consider the normality of the errors assumption. Do you think the errors in the model in (Q2) follow a normal distribution? Why or why

(Q7): Consider the normality of the errors assumption. Do you think the errors in the model in (Q2) follow a normal distribution? Why or why not? Suppose assumptions (1)-(4) are true, and the errors follow a normal distribution. Why should we care

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