This course details how to specify and estimate statistical relationships among economic variables, and how to design and implement tests of hypotheses about (and make predicitons based on) these relationships. The class also covers basic computer programming using the statistical package SAS.
Introduction Review of Probability and Statistics Simple Linear Regression Model Properties of the Least-Squares Estimator Inference (Interval Estimation and Hypothesis Testing) Prediction Multiple Linear Regression Model Inference and Prediciton Qualitative (Dummy) and Interaction Explanatory Variables Multicollinearity Heteroskadasticity Autocorrelation Qualitative (Dummy) Dependent Variable Simultaneous Regression Equations Advanced Topics