What is the meaning of the term “heteroscedasticity”?
A. The variance of errors is not constant.
B. The variance of dependent variable is not constant.
C. The errors are not linearly independent of one another.
D. The errors have non-zero mean.
Answer:A
What is the meaning of the term “heteroscedasticity”?
A. The variance of errors is not constant. B. The variance of dependent variable is not constant. C. The errors are not linearly independent of one another. D. The errors have non-zero mean.