Suppose we estimate the regression Y_t = β₀ + β₁X₁_t + β₂X₂_t+ β₃X₃_t + β₄X₄_t + ε_t using 36 months of data.Using the residuals from this regression,we run another regression of on the predicted values
_t.From this regression we get a coefficient of determination R² of 0.09.Let H₀ be that there is no heteroscedasticity.What can you conclude?

Question

Suppose we estimate the regression Y_t = β₀ + β₁X₁_t + β₂X₂_t+ β₃X₃_t + β₄X₄_t + ε_t using 36 months of data.Using the residuals from this regression,we run another regression of

Suppose we estimate the regression Y<sub>t</sub> = β<sub>0</sub> + β<sub>1</sub>X<sub>1</sub><sub>t</sub> + β<sub>2</sub>X<sub>2</sub><sub>t</sub><sub> </sub>+ β<sub>3</sub>X<sub>3</sub><sub>t</sub> + β<sub>4</sub>X<sub>4</sub><sub>t</sub> + ε<sub>t</sub> using 36 months of data.Using the residuals from this regression,we run another regression of on the predicted values <sub>t</sub>.From this regression we get a coefficient of determination R<sup>2</sup> of 0.09.Let H<sub>0</sub> be that there is no heteroscedasticity.What can you conclude? A) Reject H<sub>0</sub> at α = 0.05. B) Reject H<sub>0</sub> at α= 0.10. C) Reject H<sub>0</sub> at α = 0.01. D) Unable to reject H<sub>0</sub> at α > 0.10.

on the predicted values

_t.From this regression we get a coefficient of determination R² of 0.09.Let H₀ be that there is no heteroscedasticity.What can you conclude?

Quizplus · Accepted Answer

The Answer of Suppose we estimate the regression Y_t = β₀ + β₁X₁_t + β₂X₂_t+ β₃X₃_t + β₄X₄_t + ε_t using 36 months of data.Using the residuals from this regression,we run another regression of on the predicted values _t.From this regression we get a coefficient of determination R² of 0.09.Let H₀ be that there is no heteroscedasticity.What can you conclude? A)Reject H₀ at α = 0.05. B)Reject H₀ at α= 0.10. C)Reject H₀ at α = 0.01. D)Unable to reject H₀ at α > 0.10.

Suppose We Estimate the Regression Yt = β0 + β1X1t

Suppose We Estimate the Regression Y_t = β₀ + β₁X₁_t