heteroscedasticity

Noun.  (statistics) The property of a series of random variables of '''not''' every variable having the same finite variance.

This is an unmodified, but possibly outdated, definition from Wiktionary and used here under the Creative Commons license. Wiktionary is a great resource. If you like it too, please donate to Wikimedia.

This entry was last updated on RefTopia from its source on 3/20/2012.