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"In the 'specification analysis', the assumptions related to residuals states must be" Multiple Choice Questions (MCQ) on specification analysis : estimation assumptions with choices worst, independent, dependent, and good for online business and administration degree. Practice specification analysis estimation assumptions quiz questions for merit scholarship test and certificate programs for online business administration degree. Specification Analysis : Estimation Assumptions Video

MCQ: In the 'specification analysis', the assumptions related to residuals states must be

1. worst
2. independent
3. dependent
4. good

B

MCQ: In assumptions of specific analysis, the normality of residuals is satisfied with the use of

1. real price data
2. real cost data
3. multiplier data
4. divisional data

B

MCQ: In assumptions testing, the violation of the constant variance is called

1. heteroscedasticity
2. heterogeneous
3. homogenous
4. homoscedasticity

A

MCQ: An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as

1. abnormality of residuals
2. normality of regression
3. normality of residuals
4. abnormality of regression

C

MCQ: The slope coefficient is 0.75 and the difference in machine hours is \$65000, then difference in cost would be

1. \$86,667
2. \$48,750
3. \$85,000
4. \$55,000

A