How would you resolve the problem of heteroscedasticity, Finance Basics

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How would you resolve the problem of heteroscedasticity

Problem

Refer to the hours worked regression model. Use log of hours worked as the regressand and find out if the resulting model suffers from heteroscedasticity. Show the diagnostic tests you use. How would you resolve the problem of heteroscedasticity, if it is present in the model? Show the necessary calculations.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Finance Basics: How would you resolve the problem of heteroscedasticity

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Finance Basics: How would you resolve the problem of heteroscedasticity

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