New Click here to enroll in UIICL SO Finance and Investment Course

    Register

    Question

    Park Test is used for which of the following?

    A Multicollinearity Correct Answer Incorrect Answer
    B Heteroscedasticity Correct Answer Incorrect Answer
    C Autocorrelation Correct Answer Incorrect Answer
    D Specification Bias Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Following are the tests for Heteroscedasticity: ✔ Goldfeld–Quandt test, ✔ Park test, ✔ Glejser test, ✔ Brown–Forsythe test, ✔ Harrison–McCabe test, ✔ Breusch–Pagan test, ✔ White test,Cook–Weisberg test

    Practice Next