In assumptions testing, the violation of the constant variance is called ______________?
Correct answer: A. heteroscedasticity
- A. heteroscedasticity
- B. heterogeneous
- C. homogenous
- D. homoscedasticity
Explanation
Heteroscedasticity occurs when the variance of regression errors is not constant across observations. Homoscedasticity describes the required constant-variance condition, so it is the opposite rather than the violation.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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