PRMIA Exam 8007 Topic 1 Question 57 Discussion

Actual exam question for PRMIA's 8007 exam

Question #: 57
Topic #: 1

Which of the following is not a direct cause of autocorrelation or heteroskedasticity in the residuals of a regression model?

AA structural break in the dependent variable

BA high positive correlation between two explanatory variables

CThe omission of a relevant explanatory variable

DUsing an inappropriate functional form in the model

Show Suggested Answer

Suggested Answer: B

by Maryann at Jul 26, 2023, 01:34 PM

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