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Multiple Regression Analysis: Inference

Multiple Regression Analysis: Inference. Assumptions of the Classical Linear Model (CLM). Given the Gauss-Markov assumptions, OLS is BLUE. Beyond the Gauss-Markov assumptions, we need another assumption to conduct tests of hypotheses (inference).

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4. Multiple Regression Analysis: Estimation

4. Multiple Regression Analysis: Estimation. -Most econometric regressions are motivated by a question -ie: Do Canadian Heritage commercials have a positive impact on Canadian identity? -Once a regression has been run, hypothesis tests work to both refine the regression and answer the question

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232 views • 22 slides

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Clm assumptions - PowerPoint PPT Presentation

Multiple Regression Analysis: Inference

4. Multiple Regression Analysis: Estimation