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One Method of Diagnosing Heteroscedasticity Is to Plot the Residuals

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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.

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Definitions:

Proposition

A statement or assertion expressed in a way that it can be considered either true or false, serving as a fundamental component of logical arguments.

Venn Diagram

A diagram that uses circles to represent the relationships among various sets, highlighting where they overlap and do not overlap.

Proposition

An idea or plan put forward for consideration, especially in the context of a debate or discussion.

Venn Diagram

A graphical representation used in set theory and logic to depict the relationship among various sets, showing all possible logical relations through overlapping circles.

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