Hi, can someone please explain to me like I'm 5 what a "TRUE MODEL" is? I still cannot comprehend why we have a true model when we are exactly just estimating things? For example, if I want to find the relationship between wage and education, where is the TRUE MODEL from?
@Luna-oq8cy2 ай бұрын
where is the quiz?
@user-zk1ou5xn2m2 ай бұрын
Thx! Easy to understand how what I learned in stat class and economic systems integrate for business ops and profit
@StephanieHughesDesign3 ай бұрын
Are there assigned textbooks and materials for this course? E.g., De La Fuente, Wooldridge, etc.?
@user-xf6mt2ee4j3 ай бұрын
really good! thank youuuu
@sajadahmadi79154 ай бұрын
I think you've made a mistake in your writing, R squared is SSR / SST (you wrote SSE/SST)
@Adikagerald5 ай бұрын
Hey chris am getting confused on the way over and over again🤔
@sekyereotabil79295 ай бұрын
I pray this video will make Econometrics easier for me
@syedzhafran30825 ай бұрын
Tomorrow I have an exam and I have 12 hours. WISH ME LUCK
@Hey_Seuss_is_no_DeusExMachina6 ай бұрын
I love watching kids explain as much as they can about challenging subjects in order to develop their own understanding. Nice work! You’ll catch on to more concepts and economic storytelling once you start writing in R and SAS!
@aliemusoit29196 ай бұрын
This is a great and very helpful lecture. Thank you
@bendeg1677 ай бұрын
Awesome video !
@kodhainachi67937 ай бұрын
Why did you stop making the video lecturers ?
@anastasiakpedinu70047 ай бұрын
I love this. Its the best I have ever seen on this subject so far. Please don't stop. Keep the good work. God bless you so much
@WFOFW17 ай бұрын
Amazing class.
@ezekielasogyire16358 ай бұрын
Wow! Cool chop. Chris, you are good.
@alexwk98308 ай бұрын
Listen People! Data science is the new econometrics. Economics in general is being replaced with maths, statistics, and data science. Econometrics won't get you employed but data science/ big data always will.
@koki92448 ай бұрын
4:33 for self reference
@bernicebongsiysi47888 ай бұрын
My doubt was just clarified in this video, thanks a lot
@engjellicka69938 ай бұрын
Are there other videos?
@anonymous.dholme19819 ай бұрын
Hi! I think you made a mistake or my understanding is wrong. If you still active, please explain it. :) In the ui hat = yi - yi hat, should it be ui hat = yi - yi hat? Your equation will make the yi hat = yi - ui hat, which is not suppose to be this way.
@tushersaha44649 ай бұрын
Hi Chris, hope you are doing well! The world needs more of your videos!!! I learned more from your videos that my professor couldn't teach over 4 months. If you can, please upload some more videos :)
@itoroessien64009 ай бұрын
Chris where are you?
@lisalasoya289810 ай бұрын
What comes to mind is linear of econometrics of finance, on the other hand, an application of statistical methods in economics. What I was touching on was a reverse gravitation method by way of statistical methods, which drew my attention to this but no cigar as to what my basic search was; however this is very interesting.
@timothykangethe770010 ай бұрын
Globalization provides choices for the inclusion of the have nots but potentially is the velvet glove worn by the iron fist of absolute monopoly corporations that chaperone Plutocratic models in Governments.
@lylasyzh123 Жыл бұрын
Incredible Guide!
@nathan1507 Жыл бұрын
Bro dropped 3 videos that save the grade of hundred thousands of people and left like it was nothing. Hail to the king
@ECONOMIST95 Жыл бұрын
Excellent. Simple words and easy explanation. Highly appreciate the efforts.
@NisoPIAKAL Жыл бұрын
Thanks mate. 👍🏾
@DiyaDesai-kq2hx Жыл бұрын
PLEASE make more videos i need help 😢😢😢😢
@DionneCobb Жыл бұрын
This explanation was very easy to understand and helpful. Please upload more!
@admirburzic3303 Жыл бұрын
Man these are some really grate videos. It is a pitty you stopped. You owe it to the world to continue this MAAAAAAN!!!!!!!!!!!!!
@wasalanuwansenarathn Жыл бұрын
I'm afraid this is very confusing
@mantis6069 Жыл бұрын
მადლობა მაღლივიდან.
@user-ss6pr2it4g Жыл бұрын
where can I find the quiz?
@Galaxyraz Жыл бұрын
What should I do? I can't understand anything from what my professor is teaching in economitric course 😭😭
@thepanther1728 Жыл бұрын
lol
@samutreasure3261 Жыл бұрын
can you use B1 instead of B0
@dr.m.ayubsiddiqui5597 Жыл бұрын
👍👍
@lordsick8527 Жыл бұрын
Really good presentation and the tone of voice and interaction just feels like it's a friend tutoring me.
@waleedkakar3309 Жыл бұрын
can you make more videos please so we can understand and pass this course
@wintaevangeline Жыл бұрын
This is so helpful! Thank you so much!
@ambdaskaraniruddha340 Жыл бұрын
❤❤
@geneztheater5649 Жыл бұрын
Lecture 4 please
@daysiatorres3082 Жыл бұрын
I have been struggling to understand conceptually the importance of R^2. This was so helpful!!
@ce-lz5jw Жыл бұрын
Bro wtf this is great
@qisthonipermatasari648 Жыл бұрын
So nice 😁
@lucalunnemann7437 Жыл бұрын
I think SSE is the sum from i=1 to n of (Yi-Y hat) not how he has put it.. Can someone confirm? SST= Sum (Yi-Ybar) SSE= Sum(Yi-Yhat) SSR= Sum(Yhat-Ybar)
@SonGoku-uv4pk Жыл бұрын
Thanks a lot for this. Even 10 years later its very useful
Пікірлер
Hi, can someone please explain to me like I'm 5 what a "TRUE MODEL" is? I still cannot comprehend why we have a true model when we are exactly just estimating things? For example, if I want to find the relationship between wage and education, where is the TRUE MODEL from?
where is the quiz?
Thx! Easy to understand how what I learned in stat class and economic systems integrate for business ops and profit
Are there assigned textbooks and materials for this course? E.g., De La Fuente, Wooldridge, etc.?
really good! thank youuuu
I think you've made a mistake in your writing, R squared is SSR / SST (you wrote SSE/SST)
Hey chris am getting confused on the way over and over again🤔
I pray this video will make Econometrics easier for me
Tomorrow I have an exam and I have 12 hours. WISH ME LUCK
I love watching kids explain as much as they can about challenging subjects in order to develop their own understanding. Nice work! You’ll catch on to more concepts and economic storytelling once you start writing in R and SAS!
This is a great and very helpful lecture. Thank you
Awesome video !
Why did you stop making the video lecturers ?
I love this. Its the best I have ever seen on this subject so far. Please don't stop. Keep the good work. God bless you so much
Amazing class.
Wow! Cool chop. Chris, you are good.
Listen People! Data science is the new econometrics. Economics in general is being replaced with maths, statistics, and data science. Econometrics won't get you employed but data science/ big data always will.
4:33 for self reference
My doubt was just clarified in this video, thanks a lot
Are there other videos?
Hi! I think you made a mistake or my understanding is wrong. If you still active, please explain it. :) In the ui hat = yi - yi hat, should it be ui hat = yi - yi hat? Your equation will make the yi hat = yi - ui hat, which is not suppose to be this way.
Hi Chris, hope you are doing well! The world needs more of your videos!!! I learned more from your videos that my professor couldn't teach over 4 months. If you can, please upload some more videos :)
Chris where are you?
What comes to mind is linear of econometrics of finance, on the other hand, an application of statistical methods in economics. What I was touching on was a reverse gravitation method by way of statistical methods, which drew my attention to this but no cigar as to what my basic search was; however this is very interesting.
Globalization provides choices for the inclusion of the have nots but potentially is the velvet glove worn by the iron fist of absolute monopoly corporations that chaperone Plutocratic models in Governments.
Incredible Guide!
Bro dropped 3 videos that save the grade of hundred thousands of people and left like it was nothing. Hail to the king
Excellent. Simple words and easy explanation. Highly appreciate the efforts.
Thanks mate. 👍🏾
PLEASE make more videos i need help 😢😢😢😢
This explanation was very easy to understand and helpful. Please upload more!
Man these are some really grate videos. It is a pitty you stopped. You owe it to the world to continue this MAAAAAAN!!!!!!!!!!!!!
I'm afraid this is very confusing
მადლობა მაღლივიდან.
where can I find the quiz?
What should I do? I can't understand anything from what my professor is teaching in economitric course 😭😭
lol
can you use B1 instead of B0
👍👍
Really good presentation and the tone of voice and interaction just feels like it's a friend tutoring me.
can you make more videos please so we can understand and pass this course
This is so helpful! Thank you so much!
❤❤
Lecture 4 please
I have been struggling to understand conceptually the importance of R^2. This was so helpful!!
Bro wtf this is great
So nice 😁
I think SSE is the sum from i=1 to n of (Yi-Y hat) not how he has put it.. Can someone confirm? SST= Sum (Yi-Ybar) SSE= Sum(Yi-Yhat) SSR= Sum(Yhat-Ybar)
Thanks a lot for this. Even 10 years later its very useful
Many thanks man!
sir plzzz upload some more videos...