Question #128

Reading: Reading 1 Multiple Regression

PDF File: Reading 1 Multiple Regression.pdf

Page: 62

Status: Unattempted

Correct Answer: B

Question
When pooling the samples over multiple economic environments in a multiple regression model, which of the following errors is most likely to occur?
Answer Choices:
A. Heteroskedasticity
B. Model misspecification
C. Multicollinearity
Explanation
When data are improperly pooled over multiple economic environments in a multiple regression analysis, the model would be misspecified.
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