Estimate a model with votea as the dependent variable and, Business Management

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Estimate a model with votea as the dependent variable and

the evidence for heteroskedasticity now?

Estimate a model with voteA as the dependent variable and prtystrA , democA, log( expendA ), and log( expendB ) as independent variables. Obtain the OLS re-
siduals, u ˆ i , and regress these on all of the independent variables. Explain why you
Now, compute the Breusch-Pagan test for heteroskedasticity. Use the Fstatistic version and report the p -value.
Compute the special case of the White
F statistic form. How strong is the evidence for heteroskedasticity now?

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Business Management: Estimate a model with votea as the dependent variable and

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