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Suppose you estimate the following regression = 0 + 11, + 22, + 33, + Explain how White's general test for heteroscedasticity is performed using
Suppose you estimate the following regression = 0 + 11, + 22, + 33, + Explain how White's general test for heteroscedasticity is performed using the residuals from this regression. Pay attention to how the test is constructed, the null and alternative hypothesis and how critical values for the test are obtained.
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