This is the seventh in a series of lecture notes which, if tied together into a textbook, might be entitled “Practical Regression.” The purpose of the notes is to supplement the theoretical content of ...

In this short course we will cover how to analyze simple and multiple linear regression models. You will learn concepts in linear regression such as: 1) How to use the F-test to determine if your ...

Taken from Introduction to Econometrics from Stock and Watson, 2003, p. 215: Y=B0 + B1*ln(X) + u ~ A 1% change in X is associated with a change in Y of 0.01*B1 ln(Y)=B0 + B1*X + u ~ A change in X by ...

For empirical implementation of the Cobb-Douglas function, it is customary to append a multiplicative lognormal disturbance and fit a linear regression in the logarithmic variables. When this is done, ...