The homoskedasticity assumption in time series regression suggests that the variance of the error term cannot be a function of time.
Answer the following statement true (T) or false (F)
True
Rationale: FEEDBACK: The homoskedasticity assumption in time series regression suggests that the variance of the error term cannot be a function of time. Homeskedasticity implies that the variance of the error term is constant and hence cannot be a function of time.
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