Lecture [1] of economitric

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ELEMENTARY ECONOMETRICS Econometrics is about learning from data 04/21/11 ,[object Object]

What can be learnt from data? ,[object Object],[object Object],[object Object],[object Object],04/21/11 ,[object Object]

A first example ,[object Object],[object Object],04/21/11 ,[object Object]

The INDY 500 Data Set 04/21/11 ,[object Object]

INDY 500 Data Plot 04/21/11 ,[object Object]

Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],04/21/11 ,[object Object]

Fitting a trend line ,[object Object],[object Object],[object Object],[object Object],04/21/11 ,[object Object]

SWITCH to EXCEL for rest ,[object Object],[object Object],04/21/11 ,[object Object]

LAD: minimize w.r.t a,b 04/21/11 ,[object Object]

OLS: minimize w.r.t. a,b 04/21/11 ,[object Object]

MINUTE PAPER ,[object Object],[object Object],04/21/11 ,[object Object]

Thank You For feedback [email_address] 04/21/11 ,[object Object]

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