The least squares estimator for β in the classical linear regression model is strongly efficient under certain conditions. However, in the presence of heavy-tailed errors and/or anomalous data, the ...

Description: An introduction to the modern techniques of econometrics and their applications. Topics include: the classical linear regression model (specification, estimation, inference, and ...

This paper provides ANOVA inference for nonparametric local polynomial regression (LPR) in analogy with ANOVA tools for the classical linear regression model. A surprisingly simple and exact local ...

How to Do Residuals in Excel. Linear regression models predict the outcome of one variable based on the value of another, correlated variable. Excel 2013 can compare this data to determine the ...