Summary lecture 1, Emperical research project for IB
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Lecture 4:
Special case for multicollinearity:
More common:
What happens if we do OLS anyway?
How can we check whether we have a multicollinearity problem?
How can the problem be solved?
Problem:
What happen if we do OLS anyways
How to test for heteroscedasticity problem?
How can we solve the problem?
Article:
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