Explore BrainMass

Explore BrainMass


    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    I am attaching three different residual plots. I am trying to determine whether heteroskedasticity is present. I don't believe I see any pattern indicative of heteroskedasticity (nonconstant variance). I know it can be difficult to detect - do you see any indication of this?

    © BrainMass Inc. brainmass.com March 4, 2021, 5:36 pm ad1c9bdddf


    Solution Preview

    Please see attached file.


    Your residual plots appear to be stationary which is a good indication of not having heteroskedasticity. But if you want to be sure in a quantitative basis try any test for randomness on your residual sequence. One good test in the autocorrelation function because a random sequence will have only a significant lag cero value ...

    Solution Summary

    The solution discusses whether heteroskedasticity is present.