In the context of linear regression, what does the term 'homoscedasticity' refer

Practice Questions

Q1
In the context of linear regression, what does the term 'homoscedasticity' refer to?
  1. Constant variance of the residuals
  2. Normal distribution of the errors
  3. Independence of observations
  4. Linearity of the relationship

Questions & Step-by-Step Solutions

In the context of linear regression, what does the term 'homoscedasticity' refer to?
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