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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

Suppose That You Plot the Residuals for Your Sample Against