Multiple Choice
If the residuals of a regression on a large sample are found to be heteroscedastic which of the following might be a likely consequence?
(I) The coefficient estimates are biased
(ii) The standard error estimates for the slope coefficients may be too small
(iii) Statistical inferences may be wrong
A) (i) only
B) (ii) and (iii) only
C) (i) , (ii) and (iii)
D) (i) and (ii) only
Correct Answer:

Verified
Correct Answer:
Verified
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