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Jun 09, 2006 21:56

Random word for the day: homoscedasticity
Which basically means..... I don't know what it means? ¯\(º_o)/¯
It's some condition needed in my Econometrics chapter for my Maths paper on Monday.
Which I need to study.
YARGH! T_T

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doktor_x June 9 2006, 15:06:00 UTC
Oh that’s easy, homoscedasticity is the opposite of heteroscedasticity.. Anything else? ^_^;;

Hmm... It’s when the variance of the error term appears constant over a range of predictor variables. So basically, I think, when you look at the normal curves of your predictor variables, they should look the same, or something ^^;;

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frozen_yoghurt June 9 2006, 15:14:24 UTC
hehehe. Thanks.
who better to ask than someone who knows statistics well? ^_^

My notes says all that and more. But the thing is, I'm having trouble memorising that bit. Plus whatever else inside that topic. I guess I'll stick to higher derivatives and intergration and stuff ~_~;;;

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doktor_x June 9 2006, 16:02:31 UTC
Hee ^_^ Still though, every time I have to do statistics stuff, I have to pull out my books and notes to make sure I’m actually doing it right! It’s all those little details that can get you ^^;;

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frozen_yoghurt June 9 2006, 16:34:14 UTC
>_>;;;
Imagine the stress!! Especially if it was for a thesis or some major research article.
You are a very, very brave person. *worships*

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