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(a) (12 points) Interpret the results of the reported regression. Answer 4.(a) (12 points): (b) (12 points) The accountant, who supplied the data, warns that

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(a) (12 points) Interpret the results of the reported regression. Answer 4.(a) (12 points): (b) (12 points) The accountant, who supplied the data, warns that heteroscedasticity is likely to be a problem. Explain why this may be the case and how the interpretations of the above results are affected if heteroscedasticity is present

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