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The document appears to discuss various statistical concepts and methodologies, including Ordinary Least Squares (OLS) regression, assumptions of linear regression models, and the implications of multicollinearity. It also touches on the importance of residual analysis and the interpretation of coefficients in regression analysis. Additionally, there are references to specific statistical tests and principles relevant to econometrics.
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Feo TRECS
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ATE
a a Vantab les Begte-caten Ana
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| Jacome.
X=. 00 tog0 too 1400 1000 1#00 -- - 2600
| 550 650
y 600 200
wealthy 650 +40
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ay: : $
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Cooditinel vablie of yeoltny) pre
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iy See ee)Ordinary. Least Sovanes
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anise, in the Bot _emphoyeer =.
Wy Stahicheal Paopenher of OL Fetimators ———
Wabiaseches: fopenty of OL6
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ot stern pane Te| on t
fos proving censisloneys propel we need aaa Uh NO), Ome %
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= standaw vi
Assumption
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is ; he
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Untendifional, yaninnre of WU
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aoe £ oF fe independent vautio bles “ wie
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Under CLRM assumphan 4h 6 —
ie
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callege
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But 8. BO soy, 2 p— ito [eto
t. fea grep. ja ay
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ee TSille toe p= Hy t 6S 0
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ea 3 si ified + oniv )4 Be exp + UM
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big 2 stuns hate d pea Ye ON
wiht Pas Pye Ps = 0 :
| ns tnt C codel <— op lsalany ) = Po + fr years -b
+8. spaeteeg te
| E> [SsRu = 980m 2 nz tof obs. Lara
[aii apeigfe 7 Len aePE ET raat
| Ruy 2 Residual pum of
|
. MadeloATE.
wy PAGE.
: | i etka Regen Renu
a Y/x coed. pe alee Je Fee 2 ot heb of —
envel mer} o002"** a:000 ve asf x =p/.
| ane =
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Experi ence. a.f2y% O10
| \
™, Lyle Requesstan Aaalyets —? O1s Asymatice
6,
wae BIL rene Vil se
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us
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ames ted the
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lade Tassos en non. (ds eaten saellce ecbnck.
ee this medel, ceffeients ple be ‘asia ‘tant
ani eh i k*_yabve. Ua a pole
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re [24%) Samat) — (Et az J Snide)
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ont
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4 Phat
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& check R*- IP p?=0 , vani TUES ait, adt
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6
al
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n :
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Time senies — ftoconreelafion
A —
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|
| scale off
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ontvlan fim A
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a en of Hedomocce off Hedenoscedach ci fy
ey
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& _ a 7 vobi ased, hut Hey ase oo
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(ea)
=
te ieee ie é : es —dV Reteckon af Welewoscedaktity anal
QO) Gwaphcal Examination of Residuale
“i a a
=e F \ ae
T x Zz a
cor te
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x fia. 6), iets same elahanchip - 7
2 ;(ii), GLejsen_ “Test ttle ee
* epee
e: spit Po ft) + ii
Hy + Po = 0
Ww) \hete Test [best method to. detect helewscedacheity | ad
Yi = fe Pa Xat + Byer + Ue
Wo ah ee ate A + et A de
soalloy Le ics
wepueteo ne RA Vis est Noll ¢ no heleweccadachhy
Mt > Kiutteal. 7 _§_4,
| TB you weechsthene js
|
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(ee in the. Roded when P-valiie. ic smal)
|
|
tt > Newiheah
{il When 0% js known EY method of weighted
y Ny = Ph + Pade + iy eet Span
Smee cer ee) fale ay, : wis
Bo fe) A ae he a
é
Nea =
no Se
EatCosel lolen EuNON vanianie IS _properdon ale AY
pineal en h standawd enreon
Salat Weleyeescedns he ly adested Rolust Shand ur oo’
gy, te
PAGE
gt (i), Ichea a ic_voknecog rae ls
E [ui )= oy;
pee = Pet ype Pe
a a ano
Pig + Pa var +0/
| Vat
of dhe vaniable
Gi e ‘ 2 i} will c
wi) aie best « oy S : To : L 4 a
= iy
0.
Cov {Ue uy.) 40
0, mato t ih GL to
°
Os CGuEAtes On
0) ‘i an. hase! ow
8 Ti rH 10
no Longen efferent ve they ane ast BivE
= a
an @ id» 4sou mu Aviaaal
AA
@ Checks ; Nee ‘0 der Z
Us = ell, + Vz AR (2)
6) Expl voi aed (ens
es
"2 Pie oer ater bon Taal Up ane generale d by net
onder auto aspecsio on Scheme
(Cl eee eee pion to be. non ally. dici ied:
|_i(ey Reston on. a) does noe rnchy d. ee Dogyed ee e
Aépendent varia blex As__on e of then eaplonahny.
—_vamiables_-
oH
Lota a de A Ce ‘ ite) fies = as :
—— = fity* SH kn
ee ds s(ixst a) PT
| Ste 2 Ub a
- Sit —_
Let _f sete
oc
d 4 2(1-¢) and -yefed 2) dey
Brovedh Grud heey Test
Ye= B+ PY, a
Ue =f uy
| {=e eee lle pi+ Cy
He $ (i= fo =p ie a fee
iE
Ee
i
(pean Oa Net Pin is , mn
cme e
~Meweye weet BO totwected oFSe
“we ia
~= pot
E | Cased t= When fia Ano wo
| |
Lose te
—— _ Ye = f, t pote +lh-) ie
ie Pe i Mant files F
a 2) [Ye = Pra1)= a fet J+ he nt hens pe,
ft = Ue = ples :
Jyt 2 pts pt a” tle
Bi aff [x4) 3) Me =~ fix
toh Amel t
Case 2_'- when {is not knows
Phas infin et
ne Foam MassPecsELCAuoN
[Dag wage = b+ Aedy +f eapen 2 douexyas™ PL
= Bt rede +B female. +f ate Bales
(wp sese —t Repuescion Specifration Funan Teck
| yeh + Ate, + Be ton + Peale
| Ye for pa tht + SM + $n fh+ eNOThis va hit and fui method - We cil be, adding of My ”
Vaniohles Hill $= 0
a B40 ond dy ei 10 funchonal_& bela
/
See ie, 7
eos Lad
Peepers a dd =
df’
) _Vsin 0, fanfab Jos 7
‘3 Using _preox iable exved expt
v .
=f, +P ¢ abift +
poy tye Rt An + ba +f %* + Ui Undead abi
youll we use intelhy
= en fr Bion ets fo +fgXo + Ds oe hore
dato is available
—F ia_selecton ee
ons i i ogi
(CONK G = |
ce enNoN, ha » 1 Yo, He L
log 1 \
Pity > fp-tbl [etait ots bbs 4 thle i
i. er + Pade
é gaat Bx, + thos 2 dite
Tay
e y =
~ Bla i wl" ty fe vaxiable, posea
a yt a Hepa stall viable ay. ifsitif
—— ote Tapa oie 4 a.
Sansa fac cuime. wate
ene
oe ill ted with Tet wad
ihes-siel roe >
sul give biased = Gly it ncbudingn cnime.
B Measuwement Enron Exon. [iaoabdetdge)
*
ois 2 B+ 00) belie t- - poe + PrTe +k
Zz -y*
ee 4-4
| CR
ip ladles hilo es Prag + [Lt bo
Reon exm fsvoldetdye )
/
Dinmy Varraotes |!
Syl .. hodependent. Donny _ | Vantah De. a Veer
ie = A ah Aisha hed ae 2
& wnge = ~4.5¢ — 1-84 fomafe + 0.5%2 edu
| #0025 expen + ots Lene
Linz sae, Ree o9eY
loeb.
tt Lt 7
2 Ley il é tha
S ti a i ;
bene, fomater ane eave Leth B
ae la
fess thea male, eeWY peed
) se tay ef denen interpret, withed he Fi (din
ier’ nh hy
ars
Ge CA GPA 106 + ots PC a Ht hy GPA 9-008 F ACT
reese Ue pee
nz s4S , R* = 00249 — “
20024) ot coareee eh
pe wpe ih shudewh 00s 0 pconpa Bit
es nny vaniabl Pe £0 wi le:
word salt
r= otse —> Clleye, rh of o stedeat ts 0.157 B mete.
ee lt ae anes the sdeat hes owns a Pc. grongared
;
& one why doesn't 9#0 =
| (uz) Gsy
hove of tuaining R* a ae
gaaak ct if" the fin neceives job tunining —gxaut
veal
quant 20 otherwise.
af g pnite) = 5: gh toe tog [tttive) + & wt Ly fpgu ft) @ —
| ‘ + 0.02% hedmoom +0054 ile
nz ff and R= 0.649 peso
say
Poe 0.084 f : Wn ape
thaa non=tobaniol be of houseowe Le fufes
to),
os PNGE
ar Usd ny_veninblee fn _mul lyfe._categutes
p magated ee
| Qos (ure = 09a, + Mole mae cab e = 9.644 many. fem
LE UF ~ono si Lom + 0.0#4 educ + 2.02% expen
i = 0.00054 exp? + 0.028 denywe = 9: 00053 tenuye
t
ne 526, Ro Yor
|
: x hase categorie = single mall
|
poh NO NB SS?) nied ean, at mo tha
| siogle male
| Hi - 01 $1§ — eared LomoLe eunn 19-8 7 bess Hon
cinghe mabe.
— - are = 0-098” ‘
: aoe WO €. diffe wen ee single. Rraby
math masiNied Lermalp
32 Tocorpanating. Ordinal Iefuemasien
Mans 6 +5CR +&CRo +$q CRs + dy CR + then
darren
; | ACTON
a The omiee ib eke | ceed if re a2
LR, = 0 otherwise | CRi= 0 otherwise
LR CR CRs CR dunn
Voriob les,
Cry. ced Kahne are y A
| Timiko eR=3
1 ici i \ Ro zh
a eae
coble:
i ity phedit Ha i 6 coh
- oiage 2 aado, oO"
noe
| dnd BR changer by ‘gauntt if Ca. aye a L wath
ea fave bring. ee vaniah bes
a x
= M924 - oo femaly 4 213 Manni ed
+o j = 0.304 female - manretpod.
a6 “ie By maumied male 7 0321 40.219 = 9.534
(female =0J and mannied= t)
ae ig laage = fat Bnalt JA(E. 3h Rake Jody iW
sf aale.=2, intercept fen male = fo 4
Then Bes mah =o of
ob '
= difkenence we e) bet” the educa fon Levck
of mabe. aad Reatade”
2 IE Roake= 1, —islecept Bs Bale, =(t 4 do)
slope te en hee ene)
Te seeduwn oo edvratan~bet” male. and male
|Linear Pro ABILITY ove.
PRot et Pa
A Bans Depo tatable dean ahi jo
WHS -y 2 f+ fioy Pe ---+-+ + Pe Ae Sa
= Pulses) failune
cia pet — 2) _Sveresy
chan ir
+B = Fo a vpit hanes i hat is_4h Noha
he Bulag, piven Neen
| incre tobe force husband earning
Ye “
Qin ff = 0-56 — 0.0034 n wife for + 0-03F edy
t 2
6.034 expen 4 ad expe n™ Hors ce
= 6-262 fidy Ot tdi een
ea
Parenb wha have eds OPE Parekh ahs hae
fess than 6 4 ag) mies,
ost 2.\25
PANEL DATA all
Coshinabian of CHocc= ane anil tise. SOMiOe
2 det.
+: Bloaced Pore 2 N=T
7 Unbalanced Pane h : ANAT. 2
Mopet-£ : fesled OLS Reguescion [tanek. coafl aaedkl e
j Mopee-2; Lspv: leat sq Diy Vana tl —
x
iao ot
= PAGE
—Awape ped! fined EM d Willig Gamup Medel
4 [eee Pande Elect Madal i
~ ) Posted 018 Reguessian =
t ier al load Pach
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& iS
rm intencett 19 name Math Foe 5 IN
| wie (es t= hme. poosiad cb Sr) Eo Me
ss P he rach £" the ay 4
| (i ma en ge
| aes ft) com 4”
_ Rew htc Laeff Frob.
c [5 58559 o- bo1g Ris aay
Q Aoag lly 0+ 0000 (a= 0-434
PF 4.21593 2 Durbin Waton
Le ~ 3065453
Limdabe os +
Down't acwuntictre ivaabseuved —h i actors he
6 sinbiner fabs. helene geneity 1 cconnleed in ane hem.
Management Phibesop hy
Cup = 6 + Be Pre + Pe Lie + By, + Usd Chime iavasion)
| Ces Bt Pr PFe + % Lee + i + Wie ,
Time Lavanian t Pu, = He
| dash of Dies Oe lhe J
UnobsemvabLemie isa _possibil Hat 11 anal J =a ae é'
| an OE TEM TTR atin
cdNlee, Crs 2 Ob + % Pfie + Pa Die t+ die
|
Ge: ; Vou ¢
Se
| Ge Lfie)e & Gin + Pa Phin + Polfre 4 Uh
|
| Ee dD
Vane cmos Li tececopt
vaeey fieecs, Diba a
Meo hass im 2 2
Techaigue =
Ce =p + We Dar +s Dar + Wy Dur + We Dor +
+ Podta + Ba Pig # Py Lhit+ Hy
ZL Eaimdlines 3 5 dummies
Rxet ainfine £ * base a tego y.
cane H% : DiPl bet? cot Gl afae 2k ainkhne Z
oO
Pefun Tha fed OEE
Ro! meguesceons cai ais lal Ladere
| i ti(uny eT ano not that
Limbations $= 4
¥ We wwe OT eae af leowees of ee ji -
—
| be 00 breeder the ~ of Liceed
1 Samy te
| Preetams t
gy
es
i
aa.
1
ibat
AO
PAGt_—
(yt we aa Ee lll Me ee ;
Po. ae Shi Ys col
vb
ia b Lo.
peek sas tie
“acca |
fw time. invaniant a
LC = Be +B phe + Py dle + Ure
apa al
eonee (olde Sevens Peitpe ae Shoe
ae cackt. Lyolve
aby the Omg 9319022 0+ 000 pre 09293
ave ae ppF 0. 44307) 0:000
Dyk = 9494 D6 & 0000
ita ene Phy
the
ingly volves ee Cr- fs O = per @= Boe
Ahavidval
ars antages ——
7 U
“4 hig wage = fy; + Proeduyt fo ane yp + By denun
1 e. —
+ Bs fem ules. + Be ware
en teiho Sugita
vawiant varia bler.
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