10 Assumptions of Classical Linear Regression Model

These videos are discussing the initial basics econometrics course. Simple linear regression model is given by Yi = β1 + β2Xi + ui    where ui~N(0,σ2). Here, we set out different assumptions of classical linear regression model.

Two main (and excellent) references for this course are :

Basic Econometrics by D. Gujarati

Introductory Econometrics with Applications by Ramu Ramanathan

I hope you like these videos..

Continue reading