Which of the Following Is a Difference Between the White

question 8

Multiple Choice

Which of the following is a difference between the White test and the Breusch-Pagan test?

• A)The White test is used for detecting heteroskedasticty in a linear regression model while the Breusch-Pagan test is used for detecting autocorrelation.
• B)The White test is used for detecting autocorrelation in a linear regression model while the Breusch-Pagan test is used for detecting heteroskedasticity..
• C)The number of regressors used in the White test is larger than the number of regressors used in the Breusch-Pagan test.
• D)The number of regressors used in the Breusch-Pagan test is larger than the number of regressors used in the White test.

---

Definitions:

Reducing Expenses

The act of cutting back on costs or spending in order to improve financial health.

Market Segments

Subsets of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities of those products such as prices or function.

Product Prices

The amount of money required to purchase a good or service, often influenced by factors such as production costs, competition, and demand.

Narrow Range

A situation where variations or differences within data points, options, or outcomes are minimal or significantly limited.