Match the description with the appropriate term.
-The testing of the assumptions of regression analysis.
A) specification analysis
B) standard error of the regression
C) Durbin-Watson statistic
D) t-value
E) heteroscedasticity
F) autocorrerlation
G) homoskedasticity
H) goodness of fit
I) economic plausibility
J) constant variance of residuals

Question

Quizplus · Accepted Answer

Specification analysis involves testing the assumptions of regression analysis, such as linearity, independence, homoscedasticity, and normality of residuals.

Match the Description with the Appropriate Term