Saw these two mneumonics for quant…I will never forget the breusch pagan is used to test for homoskedasticiy. LOL Quant Mnemonics Sherlock Holmes, detective, had a nice pal named Watson with who he was chasing serial killers So Durbin WATSON helps to track and correct SERIAL correlation. Auto-correlation is the same thing as serial correlation. ===================== Breusch-Pagan test. Hetero/homo skedasticity Being a hetero myself, when I see the word hetero, what do I think of? Sex. What does sex do? Gets my heart pumping. What does that do? Affects my Blood Pressure. = BP
Hehe