Suppose you estimate regression of savings as a function of income. But you are concerned about the
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose you estimate regression of savings as a function of income. But you are concerned about the fact that population with lower income has low variance in savings as compared to pollution with higher income. This is known as heteroscedasticity?, bias?, conditional expectation? or inconsistency. Rationalize your choice as well.
Related Book For
Federal Tax Research
ISBN: 9781285439396
10th edition
Authors: Roby Sawyers, William Raabe, Gerald Whittenburg, Steven Gill
Posted Date: