Heteroskedasticity summary

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This video provides an overview of what is meant by 'heteroskedastic errors' in econometrics.

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Not all heroes wear capes. But you sir, are the real hero of thousands of college students struggling with statistics.

brighthhh
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Hope you're still around: your videos are just a godsend. Thank you so much

omgiheartpie
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My tutor took pride in telling us we will never understand what this term
means.
Thank you very much for this explanation!!!

gbolabodba
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Wow, I finally understand. Why couldn't someone have just explained it that simply to begin with? I don't get it. It's as if teachers are actively attempting to confuse you. Whenever I explain concepts to other people I always find a simple way of getting the message across. This is surely part of being an effective teacher?

anarki
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It's unreal how much all your videos helped me for my undergrad course. You're the main reason I'm going to not only pass this class, but potentially get an A. On the final I just took I was taking bits and pieces of the info from your videos for nearly every question. The clarify and simplicity that you explained all the concepts is amazing. Appreciate it brotha!

davidhutch
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A £70 textbook failed to explain this good the concept, where you did it for free! Thank you Ben

reza
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Thank you sir! After three days of frustration and over-reactiong towards my Econometrics final exam, I get to understand perfectly through a simple and clear way the meaning and interpretation of this concept. All thanks to you!

javiergranadossevillano
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Thank you so much! Countless people have explained this to me and I dont understand a bit, until I came across your video!

vietanhtran
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by minute 1:20 I had alread understood more than I did in my last 1 hour long econometrics lecture at one of those places where most employees are frustrated professionals, called universities.

loaizar
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9 year old video but my professor spent an entire lecture explaining what this video did wayyyy more clearly in 4 minutes. thank you :D

emmq
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This is the first video ever seen that explain the heteroskedasticity in a simple and effective way ! (y)

ahmadmoussawi
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Thanks, Ben! Your video was very helpful to my understanding of homoscedasticity and heteroscedasticity.

jenpen
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I decided to skip to something I understood nothing about to see if I still wanted to take tis class and I was soooo concerned at first, but this was explained so well I totally got it!

MorriganSlayde
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crazy, i sat in my stats class for 1.5 hrs and it was worse than this 3 min video. tysm!

bellahuang
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been wasting 3 hours a week for 14 weeks to learn not just heteroscedasticity (that i initially searched) but also homoscedasticity all in 4 mins! i'm ready for the real world

jaymzz
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I might actually be able to pass this course with your videos... Guess I'm marathoning tonight... Cheers dude

dragon
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Excellent, simplistic and crisp explanation. Thanks Ben!!

raghunandanseshapathy
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It's a wonderful explanation I did master's in statistics but I don't the real intuition behind this concept. Thanks alot by sharing your valuable knowledge

hellomacha
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Really love your video's. I build out Power BI models (front and back) and am building a marketing mix model which is requiring me to move more into the statistical analysis side, your video's have made the process much easier!

FPrimeHD
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This was a fantastic explanation. Bravo sir

monkeymaster