Multiple Choice
The error term in a regression equation is said to exhibit homoskedasticty if _____.
A) it has zero conditional mean
B) it has the same variance for all values of the explanatory variable
C) it has the same value for all values of the explanatory variable
D) if the error term has a value of one given any value of the explanatory variable
Correct Answer:
Verified
Correct Answer:
Verified
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