In Time Series Regressions, It Is Advisable to Check for Serial

question 11

True/False

In time series regressions, it is advisable to check for serial correlation first, before checking for heteroskedasticity.

---

Definitions:

Culturally Sensitive Therapy

An approach to therapy in which knowledge of clients’ cultural backgrounds guides the choice of therapeutic interventions.

Psychotherapy

A therapeutic treatment involving psychological techniques to help individuals understand and overcome psychological and emotional issues.

Self-help Groups

Peer-led support groups for individuals facing similar issues, challenges, or conditions, providing mutual aid and encouragement.

Aaron Beck

A psychiatrist known for developing Cognitive Therapy, which later became known as Cognitive Behavioral Therapy, a widely used approach for treating mental disorders.