Heteroscedasticity Natural & Formal Sciences Dictionary Definition A property of a regression model's residuals (errors) in which the conditional variance of the errors depends on the predictor values or fitted values, i.e., variance is not constant across observations.
Heteroscedasticity Natural & Formal Sciences Dictionary Definition A property of a regression model's residuals (errors) in which the conditional variance of the errors depends on the predictor values or fitted values, i.e., variance is not constant across observations.