Multiple Choice
Suppose that you plot the residuals for your sample against independent variable x and get
You should conclude that the data are
A) definitely heteroskedastic.
B) likely homoskedastic.
C) possibly heteroskedastic and you would perform a formal test for heteroskedasticity.
D) possibly homoskedastic and you would perform a correction for homoskedasticity.
Correct Answer:

Verified
Correct Answer:
Verified
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