A simple survey over the most basic concepts that is usually studied within introductory courses in econometrics.
Description
Content
- Statistical inference
- Hypothesis testing
- Confidence interval
- Type I and type II errors
- The best linear predictor
- Model measures
- The coefficient of determination (R)
- The adjusted coefficient of determination (Adjusted R)
- The analysis of variance table (ANOVA)
- The multiple regression model
- Partial marginal effects
- Estimation of partial regression coefficients
- The joint hypothesis test
- Specification
- Choosing the functional form
- Omission of a relevant variable
- Inclusion of an irrelevant variable
- Measurement errors
- Dummy variables
- Intercept dummy variables
- Slope dummy variables
- Qualitative variables with several categories
- Piecewise linear regression
- Test for structural differences