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Answer with explanation Q19. Suppose the researcher believes that the variance specification of the residuals is Var(e) = o'BATHS Explain how one can undertake a

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Answer with explanation

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Q19. Suppose the researcher believes that the variance specification of the residuals is Var(e) = o'BATHS Explain how one can undertake a weighted least squares by transforming regression (3) using this heteroskedasticity specification. [2]

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