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Lecture+9+Multiple+Regression+Analysis+-+Estimation

Lecture+9+Multiple+Regression+Analysis+-+Estimation -...

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Lecture 9, ECON 123A, Fall 2011 Dale J. Poirier 9-1 Lecture 9 Multiple Regression Analysis: Estimation 3.1 Regression The Model with Two Independent Variables Example: Augment the wage regression example in Chapter 2 to where exper is years of labor market experience. Suppose we are primarily interested in the effect of educ on wage, holding fixed all other factors affecting wage; that is, we are interested in the parameter $ 1 . (3.1)
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