National open university of nigeria introduction to econometrics II eco 356

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Introduction to Econometrics ECO 356 Course Guide and Course Material
Introduction to Econometrics ECO 356 Course Guide and Course Material

2.3.3.0 MAIN CONTENTS 2.3.3.1The Multiple Regression Coefficients Derivation

2.3.2.0 OBJECTIVE
The main objective of this unit is to provide broad understanding of the topic multiple regression analysis and appropriate alleviation measures associated with multicollinearity problems. This understanding includes the knowledge of the properties, principles behind the derivation of and how to interpret multiple regression coefficients.
2.3.3.0 MAIN CONTENTS
2.3.3.1The Multiple Regression Coefficients Derivation
In the simple regression case, the values of the regression coefficients were chosen to make the fit as good as possible in the hope of obtaining most satisfactory estimates of

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