Lecture 3
(N , , d2 , ....., Un) to explain / predict variable (v) . a dependentuseful when multiple factors influence on outcome ,
., Un
BnUn E + +..... + B22 ,
Bo Box + Y = + ,
where :
Y = DV No multicollinearity Bo intercept/constant not perfectly correlated Independent variables are =
crefficients/parameters I
Example :
·n vanabe ,
E = error term income -annual Independent is a
studyonWages (areinfmened a y
example : For
