Tut3 basic regression
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Explains how to run a basic regression in EViews

Explains how to run a basic regression in EViews

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Tut3 basic regression Presentation Transcript

  • 1. ECON321 Economic Analysis Tutorial 3 How to estimate a regression model
  • 2. Introduction
    • At this stage you know how to get your workfile ready and you can describe the data.
    • In fact, before you start any modelling, you should always describe the data – have a look at the descriptive stats, shape of the distributions etc.
    • The next step is to examine relationships between variables and estimate a simple regression model.
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    • Now you can estimate a basic regression model. Next we will look at hypothesis testing, multiple regression and specification tests. Save your workfile and continue…