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  • Lecture 2: Multiple Linear Regression Model

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    Ayyoob
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    Multiple linear regression is a statistical method for analyzing the relationship between two or more explanatory variables and a response variable. It allows us to assess how the value of the dependent variable changes when any one of the independent variables is varied, while the other independent variables are held fixed. Multiple linear regression extends simple linear regression to multiple independent variables, allowing us to understand the impact of each explanatory variable on the dependent variable including the interactions between explanatory variables.

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    Multiple linear regression

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    Econometric Lecture 2

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    Multiple linear regression is a statistical method for analyzing the relationship between two or more explanatory variables and a response variable. It allows us to assess how the value of the dependent variable changes when any one of the independent variables is varied, while the other independent variables are held fixed. Multiple linear regression extends simple linear regression to multiple independent variables, allowing us to understand the impact of each explanatory variable on the dependent variable including the interactions between explanatory variables.

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    © All Rights Reserved
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    12 views11 pages

    Lecture 2: Multiple Linear Regression Model

    Uploaded by

    Ayyoob
    Multiple linear regression is a statistical method for analyzing the relationship between two or more explanatory variables and a response variable. It allows us to assess how the value of the dependent variable changes when any one of the independent variables is varied, while the other independent variables are held fixed. Multiple linear regression extends simple linear regression to multiple independent variables, allowing us to understand the impact of each explanatory variable on the dependent variable including the interactions between explanatory variables.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Lecture 2: Multiple Linear Regression Model

    Source: Lecture Notes of Prof. Marcia Schafgans, London School of Economics

    Classical Linear Regression Model

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