Part III

Working with the Classical Regression Model

9781118533871-pp0301.eps

pt_webextra_bw.TIF Refresh your grasp on the flexibility of the classical linear regression model by ­checking out the breakdown I provide at www.dummies.com/extras/­econometrics.

In this part . . .

check  Model nonlinear relationships and estimate functions with ­traditional techniques.

check  Examine specification issues, determine the best approach for dealing with them when they occur, and strengthen faith in your results.

check  Discover how to turn qualitative data into quantitative data that you can use as independent (or explanatory) variables.

check  Estimate the impact of qualitative characteristics on quantitative outcomes.

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