[MINI] Heteroskedasticity

Heteroskedasticity is a term used to describe a relationship between two variables which has unequal variance over the range.  For example, the variance in the length of a cat's tail almost certainly changes (grows) with age.  On the other hand, the average amount of chewing gum a person consume probably has a consistent variance over a wide range of human heights. We also discuss some issues with the visualization shown in the tweet embedded below.

Popout Listen on the new Podbay
Loading...