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February 04, 2005
20050204: Problem Set 1: Interpreting Regressions: Econ 113
The first problem set: on the interpretation of regressions; due at the start of class on February 15 17.
Posted by DeLong at February 4, 2005 10:47 AM
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Comments
May we virtual students have the privelege of the answer key on February 16th?
..otherwise this post is just cruel!
Posted by: Eric Anderson at February 4, 2005 12:21 PM
Glad you contrasted economic and statistical significance. We really need a better word phrase than "statistical significance" to describe un-noisiness.
Question 2 is good too. It's really important at this early point to pound home the fact that most regressions don't really explain much. Find a regression that actually explains something, and it's a wonderful paper topic.
Posted by: Chris R at February 6, 2005 11:02 AM