From the course: Complete Guide to AI and Data Science for SQL: From Beginner to Advanced
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Assumption 2: Checking homoscedasticity - SQL Tutorial
From the course: Complete Guide to AI and Data Science for SQL: From Beginner to Advanced
Assumption 2: Checking homoscedasticity
- [Instructor] All right, now that you've ensured that your model isn't biased, let's move on to your next pit stop, assumption two. We're going to check for something called homoscedasticity. But what does that even mean? Well, homoscedasticity is a bit of a mouthful, but it's a crucial concept in linear regression. It's all about how the residuals, those leftover pieces we talked about earlier, are spread out around your regression line. Imagine your baking cookies and you want them all to be the same size. That's what you want with your residuals. You want them to be evenly spread out around your regression line, just like those perfectly uniform cookies. The regression line is like your baking guide, helping you achieve this even distribution of residuals for more accurate predictions. Now the opposite of homoscedasticity is something called heteroscedasticity. If the residuals aren't evenly spread, but instead form…
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Creating the linear regression model and model summary: Part 19m 33s
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Creating the linear regression model and model summary: Part 27m 16s
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Creating the linear regression model and model summary: Part 35m 33s
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Dropping insignificant variables and re-creating the model7m 57s
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Checking assumptions for linear regression3m 18s
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Assumption 1: Checking for mean residuals2m 47s
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Assumption 2: Checking homoscedasticity3m 13s
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Assumption 3: Checking linearity2m 12s
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Assumption 4: Checking normality of error terms3m 24s
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Q-Q plot for checking the normality of error terms3m 14s
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Model performance comparison on train and test data6m 7s
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Applying cross-validation and evaluation4m 40s
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Challenge: Model building48s
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Solution: Model building1m 16s
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