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The Bell Curve Excel Template is an instructional teaching tool, which includes the student materials used to teach the statistical techniques of the original research paper written by Hans Eysenck and others. Using this template, students can learn all about heteroscedasticity, regression, generalized linear mixed models, and multiple linear regression.
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The Bell Curve Excel Template comes in a great, workbook format. For a one time purchase, you get the course materials and an instruction manual that guides you through every step of the process. When you are done with the course, you can use this system to go back and do it again.
Heteroscedasticity is not taught explicitly in the standard curriculum. Many teachers do not realize the importance of heteroscedasticity. The Bell Curve Excel Template teaches heteroscedasticity using graphical methods.
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A scatter plot shows two variables and the main method used to test for a relationship between them is through a statistical test, such as the t-test or the chi-square test. However, there is a simple method that has been used for many years and is still in use. It only requires that you plot the data on the horizontal axis and measure the significance of the difference on the vertical axis.
The major deviations from the mean are measured on the vertical axis and the significant differences on the horizontal axis. The results on the horizontal axis can be colored and used in charts. However, those errors on the vertical axis are not colored and they cannot be plotted, unless it is a chi-square analysis.
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The basic method used in the Bell Curve Excel Template is a bit more complex than just graphing the deviations from the mean. Instead, it involves a variety of different types of measurements. Different measurements are used to show the various types of relationships that can be seen between the two variables.
For example, if the deviations from the mean are shown on the horizontal axis, the measurements used on the vertical axis may be X’s, O’s, or different lines. This way, the student can see whether there is a strong relationship between the two variables or not.
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The Bell Curve Excel Template is a good learning resource for students of Statistics and Economics. The exercises are simple and easy to follow, and the package includes all the tools needed to take the course.