___________ refers to the condition where the variance of the errors or residuals is constant across all levels of the explanatory variables.
- Autocorrelation
- Heteroscedasticity
- Homoscedasticity
- Multicollinearity
Homoscedasticity is the condition in which the variance of the errors or residuals is constant across all levels of the explanatory variables. It is one of the key assumptions of linear regression.
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