The error term in a regression equation is said to exhibit homoskedasticty if _____. a. it has the same value for all values of the explanatory variable b. if the error term has a value of one given any value of the explanatory variable c. it has the same variance for all values of the explanatory variable d. it has zero conditional mean

Respuesta :

The error term in a regression equation is said to exhibit homoscedasticity if  it has the same variance for all values of the explanatory variable.

What is Homoscedasticity?

This is a condition in which equal variance is assumed for different groups of data or variables.

The same variance will be observed in the variable in the error term of a regression equation hence option C was chosen.

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