Panel data
6 important questions on Panel data
What is the motivation for multiple regression analysis?
Multiple regression analysis allows to explicitly control for factors that simultaneously affect the dependent variable.
Which estimator to choose when?
See exam 2018, task 4 d).
What is the multiple regression model and what differs from SLR?
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What does the first difference help us with?
How do we obtain the OLS estimates in a multiple regression model?
Then the OLS estimates minimise the sum of squared residuals (SSR) and the OLS estimates satisfy the OLS first order conditions.
How can we interpret the OLS sample regression function of the multiple regression model?
The parameter slopes have partial effect interpretations.
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