What I wished they taught me about Econometrics - An Introduction

3 Jargon of econometrics you need to know

Name: 3 Jargon of econometrics you need to know
Description: In today's video, we delve into econometrics jargon often overlooked: 'y' as dependent variable, 'y hat' as predicted outcome, 'epsilon' as unobserved error term, and 'epsilon hat' as calculable residual. Key differences between these terms are explored to aid understanding of regression models. Subscribe to @AxiomTutoring for more clear explanations.

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About this lesson

In today's video, we delve into econometrics jargon often overlooked: 'y' as dependent variable, 'y hat' as predicted outcome, 'epsilon' as unobserved error term, and 'epsilon hat' as calculable residual. Key differences between these terms are explored to aid understanding of regression models. Subscribe to @AxiomTutoring for more clear explanations.

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