tut3 basic regression
DESCRIPTION
Explains how to run a basic regression in EViewsTRANSCRIPT
ECON321Economic Analysis
Tutorial 3
How to estimate a regression model
Introduction
• At this stage you know how to get your workfile ready and you can describe the data.
• In fact, before you start any modelling, you should always describe the data – have a look at the descriptive stats, shape of the distributions etc.
• The next step is to examine relationships between variables and estimate a simple regression model.
Now you can estimate a basic regression model. Next we will look at hypothesis testing, multiple regression and specification tests. Save your workfile and continue…