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 "text": "Because the distribution in this sample is heteroscedastic, treating each data point equally would allocate inappropriate weight to data points in the distribution, which is why the author used robust and weighted regression specifications.",
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 "citation": "Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014). SSRN: https://ssrn.com/abstract=2389423",
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