Econometrics: A Complete Course On Dummy Variables
https://FreeCourseWeb.com
Published 10/2023
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.24 GB | Duration: 2h 40m
Step by step explanation. Ideal for university students.
What you'll learn
How to form a dummy variable
Meaning of dummy variable trap
Interpretation of models with an additive dummy variable
Distinction between additive and multiplicative dummy variables
How to interpret a model with multiplication of two quantitative variables
Use of base/benchmark category in the interpretations
Motivation to use an interactive dummy variable
Interpretation of models with an interactive dummy variable
Requirements
Basics of Simple Linear Regression