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homoscedastic
(redirected from Homoskedastic)

   Also found in: Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.
homoscedastic [ˌhəʊməʊskɪˈdæstɪk]
adj Statistics
1. (Mathematics & Measurements / Statistics) (of several distributions) having equal variance
2. (Mathematics & Measurements / Statistics) (of a bivariate or multivariate distribution) having one variable whose variance is the same for all values of the other or others
3. (Mathematics & Measurements / Statistics) (of a random variable) having this property Compare heteroscedastic
[from homo- + scedastic, from Greek skedasis a scattering, dispersal]
homoscedasticity  [ˌhəʊməʊskɪdæsˈtɪsɪtɪ] n


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By contrast, for the Tobit model, a standard MLE technique to estimate equations with censored dependent variables, the consistency hinges on the assumption of normally distributed and homoskedastic errors.
 
 
 
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