62. TEN CLRM ASSUMPTIONS | Classical Linear Regression Model Assumptions | (10 important ticks )
#clrm #clrmassumptions #10assumptionsclrm
The classical Linear regression model is one of the important cornerstones of econometrics. It is important to understand the concepts and get hold of important areas.
The estimators that we create through linear regression give us a relationship between the variables. However, performing a regression does not automatically give us a reliable relationship between the variables. In order to create reliable relationships, we must know the properties of the estimators and show that some basic assumptions about the data are true. One must understand that having a good dataset is of enormous importance for applied economic research.
The estimation and hypothesis testing are the twin branches of statistical inference. Based on the OLS, we obtained the sample regression, such as the one shown in Equation.
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The way of your teaching is so simple and clear..❤️
You know the best. You actually have opened up my eyes. Thank U!
Thank you so much. You've made it so simple.
Wonderful you are while lecturing and it is precise!
well done, Appreciated
Kal assignment submit karna tha Thanks mam Iss video ne mera assisgment complete kar diya
You saved me, thank you so much 🙏
Thanks you very much ma'am you explained it very well.
Excellent
Thanks.... It's really important for understanding of CLRM properly...👌👌
@economicspedia7096
3 жыл бұрын
Glad to hear that. Thanks for being with us.
Very nice explanation mam
Just loved it❤️
THNKQ SO MUCH mam for nyc explanation
Thank you so much.
Thank you so much ma'am
Thank you
Very informative
good & helpful video
Thank you so much mam
Great
Thanks
thank u.helpful
thanks alot
Thanks mam 🙏
very helpful indeed. please keep it up
@economicspedia7096
2 жыл бұрын
Keep watching Nurudeen. Kindly stay tuned to our channel for further updates. For any further assistance kindly contact us via mail: ecopedia02@gmail.com or WhatsApp: 9051981561. Telegram channel: t.me/+95we-2ABnSdmNzQ9 Thank you very much for your support. Also, subscribe to our channel if you haven't done it already!
Thank you madam nice explanation
Thanks a lot ma'am !!🙏🙏
@economicspedia7096
3 жыл бұрын
All the best Anshuman! Keep watching Economics Pedia & subscribe for more sessions. Thank you!
Thanks...helped me in exam
Thank you so much for this wonderful sesh madam!!!
@economicspedia7096
6 ай бұрын
Keep learning with Economics Pedia. All the best
Very intuitive
@economicspedia7096
3 жыл бұрын
Thank you Vikhil. Glad you find so. Stay tuned to Economics Pedia for more of such sessions and subscribe to our channel !
mam it's an amazing content and helpful for us
@economicspedia7096
4 ай бұрын
Glad to hear that
Great mam
@economicspedia7096
3 жыл бұрын
Thank you Marshall. Stay tuned to Economics Pedia for more such sessions. Subscribe to our channel if you haven't!
Thanks Mam,Love from NEWYORK
@economicspedia7096
3 жыл бұрын
So nice of you ! Subscribe to the channel for more such sessions. Thank you very much.
@geniune168
3 жыл бұрын
@@economicspedia7096 sure.
@akarshblog6420
3 жыл бұрын
@@economicspedia7096 It shows gamers also study
the lecture is good but the assumptions should be explained with economic or non-economic variables examples in order to make it more easy for non econometrics students
@economicspedia7096
2 ай бұрын
Thanks for the suggestion. Keep watching Economics Pedia.
@economicspedia7096
2 ай бұрын
Thanks for the suggestion. Keep watching Economics Pedia.
Easy 👍
nice ma"am :))
does stochasticity of x to ensure linearity in clrm is sufficient or necessary?? mam pls reply
Can you explain what is bias please and what it does to a model !
@economicspedia7096
2 жыл бұрын
Hello Abdallah, bias is a situation where you don't get your required value of a statistic , it's a problem to any regression model. For more details feel free to contact us, mail ID: ecopedia02@gmail.com. Stay tuned for more such interesting topics. Subscribe and press the bell icon to never miss any update from Economics Pedia. Thank you very much!
@vijayalakshmig6790
2 жыл бұрын
Hi really nice explanation
@vijayalakshmig6790
2 жыл бұрын
Thanks a lot... Its very useful for me
@vijayalakshmig6790
2 жыл бұрын
Can you send me all links of full econometrics model
Hello Mam, can you do a video on criticism of all assumptions of the CLRM please!!!!
@economicspedia7096
3 жыл бұрын
Hello Yogesh, sure we will take a session on criticisms of CLRM. We request you to kindly stay tuned and subscribe the channel now for any find of update. Thank you!
aswm
@economicspedia7096
2 жыл бұрын
Stay tuned and subscribe the channel for further interesting topic discussions. Thank you
is simple linear regr model and classic linear reg model the same thing
@economicspedia7096
2 жыл бұрын
Tejasvi, they are same . Stay tuned and subscribe the channel for further interesting topic discussions. Thank you
Kya item ho
@navyarishumishra
2 жыл бұрын
I think minding your language would be better? This is what you have learned all your life?
No need to learn all these... Only 5 are main and important though... Linearity Independence Homoscedasticity Residual normality No multicollinearity
Thanks
Thanks