The final step in the Goldfeld-Quandt test is to A)perform an F-test of the overall significance of the estimated sample regression functions. B)calculate the Goldfeld-Quandt test statistic and compare it to the appropriate critical value. C)compare the calculated R² values for the estimated sample regression functions. D)a t-test of the individual significance of the suspect independent variable in the squared residuals regression.

Question

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The final step in the Goldfeld-Quandt test is to calculate the test statistic and compare it to the appropriate critical value. This step helps to determine whether or not there is heteroscedasticity present in the data. Option A refers to an F-test of the overall significance, which is not relevant to the Goldfeld-Quandt test. Option C mentions comparing R² values, which is not a known step in the Goldfeld-Quandt test. Option D refers to a t-test for the significance of the individual independent variable, which is not applicable to the Goldfeld-Quandt test.

The Final Step in the Goldfeld-Quandt Test Is to