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Commerce · Q407

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Graduate and Post Graduate · Commerce · question 407

Q407

constant variance is classified in assumptions testing as

A.
homogenous
B.
homoscedasticity
Answer
C.
heteroscedasticity
D.
heterogeneous

Answer: Option B

Solution

Answer: Option B
Solution:
Constant variance is classified in assumptions testing as homoscedasticity. The assumption of homoscedasticity (meaning “same variance”) is central to linear regression models.