#54 Relaxing the Assumptions of CLRM Autocorrelation & Heteroscedasticity | Part 5

Welcome to 'Introduction to Econometrics' course ! This lecture introduces two statistical tests for detecting heteroscedasticity: the Goldfeld-Quandt test and the Breusch-Pagan-Godfrey (BPG) test. It explains the procedures for conducting these tests, their assumptions, and interpretation of the results. NPTEL Courses permit certifications that can be used for Course Credits in Indian Universities as per the UGC and AICTE notifications. To understand various certification options for this course, please visit https://nptel.ac.in/courses/130106001 #Heteroscedasticity #GoldfeldQuandtTest #BreuschPaganGodfreyTest #Detection