Econometrics // Lecture 2: "Simple Linear Regression" (SLR) | Exploring Economics
exploring-economics.org
Econometrics // Lecture 2: "Simple Linear Regression" (SLR) | Exploring Economics
First some terminology is explained. Then the interpretations of the coefficients and constants of the function are discussed. Afterwards the zero conditional mean assumption regarding the residual is problematized. Lastly, a graphical representation of a regression line is given and the least sum of squared errors is introduced and the ...
Dec 9, 2022
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