The assumption of constant error variance in regression analysis is called _______.
A)heteroscedasticity
B)homoscedasticity
C)residuals
D)linearity
E)nonnormality

Name: The assumption of constant error variance in regression analysis is called _______. A)heteroscedasticity B)homoscedasticity C)residuals D)linearity E)nonnormality
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

Homoscedasticity refers to the assumption in regression analysis that the variance of the error terms (residuals) is constant across all levels of the independent variables.

The Assumption of Constant Error Variance in Regression Analysis Is