Explanation:Maximizing the likelihood is the same as minimizing 2 log likelihood. 8. 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. Heterogenity
B. Heteroskedasticity
C. Heteroelasticty
D. None of the Mentioned
Answer:A
Explanation:Maximizing the likelihood is the same as minimizing 2 log likelihood. 8. 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. Heterogenity B. Heteroskedasticity C. Heteroelasticty D. None of the Mentioned
Explanation:Heteroskedasticity has serious consequences for the OLS estimator. 9. Which of the following outcome is odd man out in the below figure ?