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ECON 2005 Applied Econometrics 1

This class was created by Brainscape user owen Knowles. Visit their profile to learn more about the creator.

By: owen Knowles
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Decks in this class (10)

1. Simple Linear Regression Model
What can stats methods be used for,
7 steps for econometric,
Types of data
34  cards
2. Multiple Variable Linear Regression Model
How often is the two variable mod...,
What happens if one out of 50 var...,
What are the normal equations
15  cards
3. Testing Hypotheses about Single Coefficients
Null hypotheses,
Alternative hypothesis,
What do we need to draw perfect s...
23  cards
4. Testing Hypothesis about Multiple Coefficients
When do we use f tests,
What are exclusion restrictions,
What is the alternative hypothesi...
9  cards
5. Functional Form and Interaction Terms
So explanatory variables have to ...,
When are natural log transformati...,
Double logs or log logs
15  cards
6. Qualitative Information in Regression Models
Binary variable,
What is another name for binary v...,
Another word for base group
7  cards
7. Over And Under Specification
Over specification,
What happens to the ols estimator...,
When will over specification lead...
10  cards
8. Predictions
How do we find a point prediction,
What is a good way of quantifying...,
What does a 95 confidence interva...
6  cards
9. Asymptotic Properties of Estimators
When are asymptotic properties im...,
Consistency,
Can an estimator be biased and co...
10  cards
10. Heteroscedasticity
Mlr5 homoscedasticity,
Consequences of heteroscedasticity,
How can you detect heteroscedasti...
11  cards

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ECON 2005 Applied Econometrics 1

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