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Which of the following refers to the circumstance in which the variability of a variable is unequal across the range of values of a second variable that predicts it?

(a) Heterogeneity

(b) Heteroskedasticity

(c) Heteroelasticty

(d) None of the mentioned

1 Answer

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Best answer
Right option is (b) Heteroskedasticity

Easiest explanation - Heteroskedasticity has serious consequences for the OLS estimator.

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