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You need to conduct a GQ test for expected Heteroscedasticity in AMZ returns. Your associate organizes the related return data into two group based on
You need to conduct a GQ test for expected Heteroscedasticity in AMZ returns. Your associate organizes the related return data into two group based on the size of the Independent variable (market index) and runs two simple regressions. Both groups have 100 observations. The smaller market return group has an SEE of 0.025. And the larger market return group has an SEE of 0.045. What is the GQ ratio or test value? Type in your answer as a decimal, rounded it off to 4 decimal places
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