Lecture 6 Interpreting Regression Results讲座6解释回归结果.pptVIP

Lecture 6:Interpreting Regression Results Logarithms (Chapter 4.5) Standard Errors(Chapter 5) Agenda for Today Review Logarithms in Econometrics (Chapter 4.5) Residuals (Chapter 5.1) Estimating an Estimator’s Variance (Chapter 5.2) Confidence Intervals (Chapter 5.4) Review As a starting place for analysis, we need to write down all our assumptions about the way the underlying process works, and about how that process led to our data. These assumptions are called the “Data Generating Process.” Then we can derive estimators that have good properties for the Data Generating Process we have a