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Kartei Details

Karten 89
Sprache English
Kategorie Mathematik
Stufe Universität
Erstellt / Aktualisiert 16.11.2017 / 17.11.2017
Lizenzierung Kein Urheberrechtsschutz (CC0)
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Uses of regression analysis?

To answer questions, To test economic theories

What stands beta for?

Note that beta stands for the change in H when Y changes by 1 unit. Note that this is not the elasticity.

How to find beta?

Distance between line and data points is minimised.

What is a multiple regression?

Regression with multiple variables

How does the regression model look?

y = xb + e

What is x?

Independent variable

What is b?

The coefficient

What is e?

The residuals or error term