Question #61
Reading: Reading 1 Multiple Regression
PDF File: Reading 1 Multiple Regression.pdf
Page: 28
Status: Unattempted
Correct Answer: A
Question
Which of the following conditions will least likely affect the statistical inference about regression parameters by itself?
Answer Choices:
A. Unconditional heteroskedasticity
B. Model misspecification
C. Multicollinearity
Explanation
Unconditional heteroskedasticity does not impact the statistical inference concerning the
parameters. Misspecified models have inconsistent and biased regression parameters.
Multicollinearity results in unreliable estimates of regression parameters.