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Commerce · Q410

Costing

Graduate and Post Graduate · Commerce · question 410

Q410

In specification analysis, assumptions related to variance states that:

A.
variance of residuals is constant
Answer
B.
variance of goodness is constant
C.
goodness of fit is constant
D.
standard error is constant

Answer: Option A

Solution

Answer: Option A
Solution:
In specification analysis, assumptions related to variance states that variance of residuals is constant.
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