Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision ...

The linear model with classical measurement error is an alternative to the standard regression model, in which it is assumed that the independent variables are ...

Residual plots can be used to validate assumptions about the regression model. Figure 1: Residual plots are helpful in assessments of nonlinear trends and heteroscedasticity. A formal test of lack of ...

Description: An introduction to the modern techniques of econometrics and their applications. Topics include: the classical linear regression model (specification, estimation, inference, and ...

Students should have completed an undergraduate level course in econometrics and statistical theory. Linear algebra and multivariate calculus will be used frequently. The first part [Inference, ...

This is a preview. Log in through your library . Abstract In many applications of instrumental-variables regression, researchers seek to defend the plausibility of a ...