What is Heteroskedasticity?

[@janarsange]

Just to tell you that in Greek the word "skedastik" (σκεδαστικ) means "scattering", χόμο σκεδαστικ and χέτερο σκεδαστικ, therefore, mean something like con-scattering and dis-scattering. Thank you for your videos!

[@gabriellatsinogloy9665]

Indeed it is

[@avneeshkhanna]

Statisticians would have saved some time explaining things if they would've named it "homoscattering" instead of "homoscedasticity" lol

[@burhan3366]

@@avneeshkhanna V.true lol

[@thiagomitchell6173]

I guess Im asking randomly but does any of you know a method to get back into an instagram account? I somehow lost my login password. I love any help you can give me!

[@omaribrecken7916]

@Thiago Mitchell instablaster ;)

[@Ankara_pharao]

5 years after the release your videos still outstanding and usefull!

[@liaalia789]

From this video I learned about: 1. What is heterokedasticity 2. How we can detect heterokedasticity( residual plot,Golfeld-Quandt test, White's test) 3. How to solve the heterokedasticity problem 4. Example of heterokedasticity problem Thank you for the explanation

[@retiksingh9123]

Justin, I have spent hours trying to understand the whole depth of Heteroskedasticity and only your video gives the holistic picture to this topic. Thank you for your fantastic series on regression!

[@goblinslayer6432]

The quality of these videos are SO GOOD..... THESE KIND OF CLASSES ARE AT HARVARD LEVEL OF TEACHING. Thank God these are free to watch I'm going to score great in my examinations now 😊😊.

[@pedrocolangelo5844]

Justin is my absolute hero. Everytime I'm amazed how he can translate such complex topics into simple words. For me, this is the greatest superpower someone could be gifted with.

[@jakobforslin6301]

You and Ben Lambert are the best statistics/econometrics teachers on YT, thanks a lot!

[@syazninajwa5b183]

Based on this video, I have learned the function in regression, consequence, detention, remedies, and how to solve the issues of hetero. Thanks for sharing such a great video.

[@mayank1334]

As mentioned in Basic Econometrics by Damodar N. Gujarati (professor of economics at the United States Military Academy at West Point) : Homoscedasticity or equal (homo) spread (scedasticity), that is, equal variance. Similarly, Heteroscedasticity would mean unequal variances.

[@kanikabagree1084]

I have'nt ever commented on videos but you are by far the best statistics teacher i've ever attended lectures of. Thankyou so much. I hope you're doing well. Thankyou so much for helping all my wishes are with you. Keep up the good work ❤️

[@belladesur1]

These videos are fantastic. Please, keep them coming. You are very good with explaining and drawing pictures to go along with the theoretical part. I watch with so much understanding. Thank you for posting!

[@zedstatistics]

Thanks belladesur! They take a while to put together so it's nice to hear this :)

[@tapasbarik6647]

You teach better than my professor,. Thank you so much for giving the much required essence of these interesting concepts.

[@nurasyikinsharif3387]

I found this video while searching for solutions for my assignment. This video taught me about heteroskedasticity, their problem and how to solve it.

[@marcospark2803]

Interesting,. I needed to understand how to interpret the p value in the Pagan test !

[@anatimahmud3823]

the use of graphics and explanations step by step makes it easier to understand heteroskedasticity.

[@nurulisfahani108]

From the video, I can learn what is heteroskedasticity, the remedies, how to detect problems and solve the problem by using easy method. Thank you for sharing the input.

[@rasyimahramli5b125]

Accordance to the video, Heteroskedasticity occur when variance are not constant in a given model. And I get knowing that there are several effects, detection and solutions in heteroskedasticity problem. Thank you for the great work.

[@nurfatinsyuhada5593]

This video taught me that heteroskedasticity is it occurs when the variables is not constant. It also shows how to detect it using some test and solution to solve the problems occurs. Thank you for sharing such important information for my studies.

[@noorshahirasamsudin5713]

What i learn from this video is what is heteroskedasticity, and the consequence, detention, solution or remedy to solve the hetero issues. The way you used the graphic make me more attractive to watch it.

[@alifradzali6961]

Once again. this person that i really like because of the explanation and the graphic. He explain the definition, remedies, detection very well. Full explanation, good graphic. Attractive video and make me understand. Love the person. Thank in advance.

[@nurizzatiahmadshukri6923]

I've watch this video once before this. This video help to understand better and the way you explained was very clear and simple ! Thank you!

[@najihaazhar8634]

First of all, now I know the difference between homokedasticity and heterokedasticity. Second, the video show and explain how to detect the problem and the solution. Such a very helpful video.

[@nasrulakmal3791]

I think this can be my addition to my knowladge . It use a simple lagguange . Very clear and easy to understand . The heteroscedasity is clearly explaint by the map . Thank you .

[@Sky-nr9pm]

I like your channel because the explanation is easy to understand it. You give a simple example about heteroskedasticity. Thank you for the video. It help me a lot.

[@praphulshaw2128]

Professor pls keep making these videos, I like your way of telling

[@dckoz6354]

Thank you so much for all these videos. My exam preparation has become so much easier due to your wisdom and ease of explanation.

[@farahnadiah2308]

I really love the video because i have learn that heteroskedasticity refers to the error variance or dependence that uneven,and at least one independent variable in a given sample it is very easy. It is also explained about the remedies to make the heteroskedasticity resolve.

[@sitinuraisyahmohdhawari9295]

Heteroskedasticity occurs when variable of X/Y is not constant. The definition is short but easy to remember. In addition, the explanation of how to detect and knows the difference of heteroskedasticity & homoskesdasticity with some examples is great. Also the way of explanation for the remedies: White std errors, weighted least square (WLS), and the last "just the LOG things". 👍👍

[@fatinhanani9423]

Heteroskedasticity sounds tough. But by watching this video, it is easier for me to understand and all the formula given helps me to understand this topic better.

[@ahmedhaswa7745]

You are legendary! I mean it! Thank you man. Love from Egypt

[@zedstatistics]

Thanks, AH! :)

[@haziqahabdhamid8194]

From this video, it shows an great examples about heteroskedasticity and very good explanation. Thank you very much

[@anisasyhikeen5448]

I understand more about heteroscedasticity by how to detect the problems, which solutions suitable in that particular problems and explain more about the remedies that heteroscedasticity have. Thank you for sharing!

[@nurulainnadhirah4379]

After watching this video, I understand more about heteroskedasticity. I have learned the consequence, detention, solution or remedy to solve the hetero issue. I like the way you explaining and drawing pictures that make this video easier to understand. Thank you

[@5kylite]

Great video, this was really helpful! I really appreciate how structured and step-wise you explain the subject, with great examples. Would love to see more in this series :)

[@sitinurhidayusharin1892]

Thanks this help me on my assignment.. All the example really understadable. Such a great explanation.

[@angweiyuan1446]

tq for the effort. My CFA Level 2 become so much easier due to your explanation

[@ismahnadhirah3756]

Based on the video, i've learned about the heteroskedasticity in detailed. I also learned on how to detect the heteroskedasticity and how to solve the issue. Thank you for making the understandable video, it helps me a lot

[@nurqamarinaanuar352]

From this video I've learn hetro, the remedy and how to solve it.. The explanation are simple but pack with info

[@Kabezomlm]

Thank you so much, I am refreshing some contents while I am doing my thesis. You are really awesome

[@atiqahzainuddin7267]

Great one! In this video, i do learn about the heteroskedasticity, detection of hetero, the remedies and the causes.

[@nurulhusna3593]

After watch this video, he teach us about heteroscedasticity. It helps me a lot. Thank you

[@anisafifahfarzana326]

By watching this video, I have learned the function in regression, consequence, detention, remedies, and how to solve the issues of hetero. I like the way you make the video more attractive and easy to catch up. Thank you!!!

[@dianaelysha4524]

I understand when he explain run the model step by step. It is easier for me to learn and understand slowly. Explanation regarding the formula as well so I know which value that I could put through it and I will not make any mistake 👍🏻 Detect all the problems and how to solve it

[@sayalikolhe1614]

Thank you for your videos. They are really helpful for me to study econometrics.

[@fatinaliah7287]

This video teach me step by step. Thank you. Now i understand more on this topic

[@chetsss]

underrated frfr ...u saved me ++

[@ahmadsafwan5801]

The heteroskedasticity will have when the variables are not at static or constant form. This video also show how to detect the heteroskedasticity variables by doing some test and solution. Thank you for this good content

[@jominatozaki2089]

Thanks. I learned a lot, and this is my main problem in my multiple regression model. I’ll try the log transformation.

[@nydydn]

3:40 On the origin of scedasticity Have you heard about the word skedaddle? It has no clear etymology, but if we go on the most likely chain, although without much proof, we get to scatter, which comes from old norse, and other germanic languages. Scatter itself is of unclear origin, but it is thought to be related to the greek skedánnumi, although not necessarily directly, but from a common ancestor in proto-indoeuropean skey, meaning to split, as in splitting wood, which disperses. Scedastic, or skedastic, is definitely borrowed from greek, which has the same common ancestor, the proto-indoeuropean skey. So, skedaddle and skedastic are very long lost cousins. Lost for thousands of years, but reunited by their other cousin, the scatter plot, where skedasticity skeddaddles. Interstingly enough, the word science also has the same origin from the proto-indoeuropean skey.

[@sayagulumurzakova1348]

Thank you! Best videos on this topic! Looking forward for new videos!

[@azrulamizan2127]

This video really make me understand the heteroscedasticity. Really usefull. Thank you

[@nurfarrahumairah3475]

From this video, i can know clearly about heterokedasticity. what is the different between hemoskedasticity and heterokedasticity, the remedies, how to detect the heterokedasticity and so on. by using the simplest word, i can understand what you talk about. thanks for sharing this video sir !

[@shafeqahsaifullizan5a601]

I have watched your video about the Multicollinearity and now i watched this video regardingthe heteroskedasticity. From your video, i understand everything about these two very clear. Thank you for the info. Regarding the heteroskedasticity, i have learned the function in regression, consequence, detention, remedies, why we should care about it and how to solve the issues of hetero. Plus we should use what to test the hetero. Thanks again👍

[@daveamiana778]

Thank you! You're video have been of great help to my research.

[@cdr.dr.shishirsahay9184]

Great effort. Thanks a ton for the lucid videos.

[@imranmagsi8316]

Learned! Thanks a lot for the service!

[@elenaguzman9413]

please clarify - want to make sure I understand when you said "imagine you drew a best fit line through left scatterplot, and in doing so, we create an expected value of y along that line for a given value of x. And if you take that line and bend it sideways so its horizontal -" Are you saying, its like a top-down view of the scatterplots and are able to see the distance between each point from the line?"

[@nurfarishaizwanie2082]

i more understand when watching this video. bacause it is too detail about hateroskedasticity and very clear. easy for me to understand.

[@abdulhadi5b263]

Thank you for this video .. right know i know about heteroscedasticity, remedies and detection .

[@seanlim6311]

your videos are a life saver

[@MyMy-tv7fd]

'In statistics, a vector of random variables is heteroscedastic (or heteroskedastic;[a] from Ancient Greek hetero "different" and skedasis "dispersion [or scattering]") if the variability of the random disturbance is different across elements of the vector. Here, variability could be quantified by the variance or any other measure of statistical dispersion. Thus heteroscedasticity is the absence of homoscedasticity. A typical example is the set of observations of income in different cities.' Wikipedia.

[@nisajamail7225]

Heteroskedasticity, hard to spell as well as to understand. But by watching this video, I think I'm more understand about it especially white test thay we always use. Thanks.

[@kumarshreshtha81]

Heteroskedasticity has its roots in , éteros, meaning “other” or “different” and skedánnymi, meaning “to scatter”

[@mouradmadouni8277]

In 10:02, I think we should divide MSEb/MSEa.

[@nurulamira8975]

I've viewed this video before and definitely this video is very simple and clear explaining what is heteroskedasticity, problems detection, the remedy and how to solve it properly. I love on how you explained the formula step by step and when to use it. Please come out more helpful video regarding this topic. Thank you !

[@kvs123100]

14:40 One question.. How do we know that nR2 is distributed as Chi square test? On what basis do we decide this.. Your videos are simply awesome!

[@vascocardoso8529]

That is the LM- statistic that, when n->infinity, approximates to a X^2 distribution with (q) - number of regressors testing

[@walterpu8357]

hom- + Greek skedastikos able to disperse, from skedannynai to disperse from Merriam Webster, it's a super useful dictionary, you should definitely have one.

[@lemmimesi7207]

Great lecturer

[@95FH95]

lovin the regression videos!

[@borismuguti4673]

I found this helpful. Thank you

[@zhuohangzhou9370]

Love it! Thank you, man!!!

[@mouradmadouni8277]

Thank you very much ! It's very helpful.

[@nurulnajihah9499]

Thank you so much for your explanation, i finally understand

[@damirb6294]

Excellent video. However, remedies are not explained enough. What is changed in "original" equations? Is anything changed? Coefficients? Standard Errors? Coefficients and standard errors?

[@sitinursyazwana5031]

I learn the different between heteroskedasticity and homoskedasticity. I also know on how to detect the heteroskedasticity and to solve this problem.

[@julesjacobs5828]

I have a question regarding multiple categorical (dummy) variables in a cross-sectional OLS Regression: Is it more likely that you have heteroskedasticity when using categorical variables with 2 categories, hence the only independent x-values are 0 and 1? For my thesis there seems to be a lot of heteroskedasticity as I'm using an regression analysis with an Abnormal daily Stock return as dependent variable and only dummy variables as independent variables.

[@arjunkadam71]

will you please make a video on explaining how regression works when we scale regressors !

[@yan7133]

what I can learn is: 1. what is heteroskedasticity more easily. 2. how to detect heteroskedasticity by doing some test. 3. Solution or remedy to solve the heteroskedasticity. 4. A some example of heteroskedasticity.

[@TheOriginaless]

How to account for Heteroskedasticity when there a categorical variables being used?

[@inamkhan9809]

great job sir....keep it up👏

[@omaarderaz]

heteroskedastic;[a] from Ancient Greek hetero “different” and skedasis “dispersion”)

[@amirulezuar9754]

I learn what is hetereoskedacity. The cause and remedies on this

[@keiichiiownsu12]

Quick question regarding the Breucsch-Pagan/White's test. Some software, such as R and SPSS, allow you to perform the test using either all (or some) of your x-variables, or only using estimated y-values (i.e. y-hat). Is either method preferred?

[@fatinnabilahhassan3927]

Heteroskedasticity occurs when variance of Y given X is not constant. There are three ways on detect the problem and three remedies as the solution.

[@tyman1449]

God bless you man Great explanation

[@IOMatterz]

Justin, this was helpful. there is a rumor that I have never been able to confirm. If the heteroscedasticity is present but within 3 or 4 points (+ or -), there is an assumption that this issue is small and will not contribute to issues with the results of multiple regression. Thus there is no real need to make an attempt to transform the data. Can you speak to where this rumor comes from or if it is valid? Also, How does this change the reporting of results? Thanks a lot!

[@vanbanwu4433]

I would disregard those anomalies in this case as they may be contributed to other factors impacting the measurements.

[@akeithkira]

I know by looking at the table, the T-value is large and std error is small but ..... why the std error of estimate will be underestimated ? Hope to gain more clarity instead of looking at the table presented.

[@tedchou12]

nice lecture! I wonder how the goldfitch-quantl model solve the heteroskedasticity if the data's error residual display a symmetrical shape? If the cut-off point is in the middle, left and right should give you a near identical result?

[@anaya1012]

Thank you so much sir 🙏

[@the_sweet_heaven]

Thanks for amazing explanation. Which software you used for this kind of presentation ?

[@soumyachatterjee37]

a great video on heteroscedacity

[@TalgatBainazarov]

Thanks Justin!

[@mohithardikar5575]

I didn't quite understand why V(Ei) and not V(ei) because Heteroskedasticity arises from ultimately from the issues in sampling right. So it won't exist for the population? Or is my understanding wrong?

[@ainaida794]

In this video i learn about : 1. what heteroskedasticity 2. Detection of heteroskedasticity 3. The remedy 4. Understand the causes

[@vmaniac4789]

The lack of data will likely to be the cause of heteroscedastic, I wonder do people in data scientist department (who nowadays deals with big data) still have to worry about heteroscedasticity? Thx sir

[@michaelnguyen7081]

why the slope coefficient still the same at heteroskedasticity?

[@leplusbeaudesmathious]

What about FGLS as a solution? why u did not mention it?

[@berhanetedla]

this video is good, but the problem is: when you explaining the issue of heteroscedastic, you displayed residuals on the y axis,; you were supposed to display it residuals on the y axis, fitted values on the x axis . probably you assumed learners would catch it,

[@umanglohani]

thank you ❤️

[@therealolds]

21:47 WHAAAAAT!? jokes aside, great video, it really helped (also the mle and other as well), thanks!