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You conduct a regression of the squared residuals against the dummy variables X1, X2, and X3 and find that for the squared residuals regression: Multiple
- You conduct a regression of the squared residuals against the dummy variables X1, X2, and X3 and find that for the squared residuals regression:
|
| Multiple R | 0.4145 |
|
| R Square | 0.1718 |
|
| Adjusted R Square | 0.1600 |
|
| SEE | 92.3760 |
- Conduct a test at the = .05 level to see if conditional heteroskedasticity is present
- In view of your answer for a), what needs to be done?
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