Professional Documents
Culture Documents
Lesson 5 6 Linear Regression Prerequisites II
Lesson 5 6 Linear Regression Prerequisites II
Tom Broekel
Prerequisites II
1 © TBroekel
How to do linear regressions: Prerequisites
Nominal (no order of values) explanatory variables?
70
60
c
GDP
50
40
2 © TBroekel
How to do linear regressions: Prerequisites
3 © TBroekel
s
By how much are values of dependent variable higher for a group (dummy=1)
than for the reference group
4 © TBroekel
s
5 © TBroekel
?
6 © TBroekel
e
7 © TBroekel
d
50000
30000
20000
UK DE Both
8 © TBroekel
How to do linear regressions: Prerequisites
9 © TBroekel
e
10 © TBroekel