Theil-Sen estimator: Median slopes and outliers (Excel)
The Theil-Sen estimation is a robust regression approach that utilises the properties of point-slopes and medians to produce a line of best fit that is less affected by outliers compared to OLS. Today we are investigating and visualising the application of Theil-Sen estimation in Excel.
Don't forget to subscribe to NEDL and give this video a thumbs up for more videos in Econometrics!
Please consider supporting NEDL on Patreon: / nedleducation
Пікірлер: 5
You can find the spreadsheets for this video and some additional materials here: drive.google.com/drive/folders/1sP40IW0p0w5IETCgo464uhDFfdyR6rh7 Please consider supporting NEDL on Patreon: www.patreon.com/NEDLeducation
I have been looking for an explanation video exactly like this for a long time. Thank you!
Thanks a lot
This could be used for checking trends strength ?
reminds me of the clenow indicator