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      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: โœ” Goldfeld–Quandt test, โœ” Park test, โœ” Glejser test, โœ” Brown–Forsythe test, โœ” Harrison–McCabe test, โœ” Breusch–Pagan test, โœ” White test, Cook–Weisberg test

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