INTRODUCTION TO ECONOMETRICS II ECO 306 NOUN 41 2.1.4.0 Summary 2.1.5.0 Conclusion 2.1.6.0 Tutor-Marked Assignment 2.1.7.0 References/Further Reading 2.1.1.0 INTRODUCTION In this unit, an analytic method to measure the association of one or more independent variables with a dependent variable is discussed. Simple regression analyses is a statistical method which can be used to summarize and study relationships existing between two continuous quantitative variables. This unit further introduces the simple regression as a concept that is better understood after a thorough understanding of the basic correlation procedures.
