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The Least Squares Method Requires That the Variance of the Error

Question 261

Multiple Choice

The least squares method requires that the variance The least squares method requires that the variance of the error variable ε is a constant no matter what the value of x is.When this requirement is violated,the condition is called: A) heteroscedasticity. B) homoscedasticity. C) influential observation. D) non-independence of ε. of the error variable ε is a constant no matter what the value of x is.When this requirement is violated,the condition is called:


A) heteroscedasticity.
B) homoscedasticity.
C) influential observation.
D) non-independence of ε.

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