One Method of Diagnosing Heteroscedasticity Is to Plot the Residuals

question 206

True/False

One method of diagnosing heteroscedasticity is to plot the residuals against the predicted values of y,then look for a change in the spread of the plotted values.

---

Definitions:

Number Filters

Features in data analysis and spreadsheet software that allow users to filter data sets based on numerical criteria, such as greater than, less than, or within a specific range.

VLOOKUP

A function in spreadsheet applications that searches for a value in the first column of a table array and returns a value in the same row from a specified column.

HLOOKUP

A function in spreadsheet software that searches for a value in the top row of a table or range and returns a value in the same column from a specified row.

INDEX

A function in programming and spreadsheet software that returns the value of an element in a table or array, identified by row and column numbers.