Which of the Following Is True of Regression Specification Error

question 17

Multiple Choice

Which of the following is true of Regression Specification Error Test (RESET) ?

• A)It tests if the functional form of a regression model is misspecified.
• B)It detects the presence of dummy variables in a regression model.
• C)It helps in the detection of heteroskedasticity when the functional form of the model is correctly specified.
• D)It helps in the detection of multicollinearity among the independent variables in a regression model.

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The concentration levels of a substance in the body that can lead to adverse effects or toxicity.