Econometrics: A Complete Course on Dummy Variables
Step by step explanation and interpretation of regression equations with dummy variables. Ideal for university students.
Ratings 5.00 / 5.00
What You Will Learn!
- How to form a dummy variable
- Meaning of dummy variable trap
- Interpretation of models with an additive dummy variable
- Distinction between additive and multiplicative dummy variables
- How to interpret a model with multiplication of two quantitative variables
- Use of base/benchmark category in the interpretations
- Motivation to use an interactive dummy variable
- Interpretation of models with an interactive dummy variable
Description
If you have ever struggled with understanding Dummy Variables, you have come to the right place. This course is for students taking Introductory Econometrics at University Level.
What makes this course stand out?
This course has a Step by Step Explanation of concepts that will take you from asking 'What are Dummy Variables' to confidently saying 'I have got this!'
I am Shubham Kalra, author of multiple ebooks and online econometrics tutor. In my career, I have had the pleasure of teaching students from over 85 universities and this course contains all my experience.
I know what works, and I have made sure that this course works for you.
Quick Overview of Course Structure:
Creating a Dummy Variable
Meaning of Dummy Variable Trap
Interpretation of regression models with an additive dummy variables
Distinguish between additive and multiplicative dummy variables
Interpretation of regression models with multiplicative dummy variables
Motivation to use an interactive dummy variable in a regression equation
Use of Base/Benchmark Category
Followed by this, you will also get some practice questions that you can attempt to test your knowledge.
This course comes with:
A 30 day money-back guarantee.
Support in the Q&A section - ask me if you get stuck!
I really hope you enjoy this course!
- Shubham Kalra
Who Should Attend!
- Students taking Econometrics at University Level