Match the description with the appropriate term.
-The implication that error terms are unaffected by the level of the cost driver.
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

The implication that error terms are unaffected by the level of the cost driver is known as homoskedasticity.

Match the Description with the Appropriate Term