All of those points are true, but there’s one I’d like to flag as true but potentially misleading:
Linear regression assumes a linear relationship
Linear regression does assume this in that it tries to find the optimal linear combination of predictors to represent a dependent variable. However, there’s nothing stopping a researcher from feeding in e.g. x and x squared as predictors, and thereby finding the best quadratic relationship between x and some dependent variable.
All of those points are true, but there’s one I’d like to flag as true but potentially misleading:
Linear regression does assume this in that it tries to find the optimal linear combination of predictors to represent a dependent variable. However, there’s nothing stopping a researcher from feeding in e.g. x and x squared as predictors, and thereby finding the best quadratic relationship between x and some dependent variable.