Рет қаралды 40,116
If you like this video please share, like, subscribe, comment, and notification to get more videos on my channel
In this video, I am going to show how to select the best model out of the three regression models Pooled Regression Model Fixed effect Model Random effect model and Hausman Test.
The variable we used in this video is Money Demand (M3) Consumer Price Index (CPI) (Not FDI (sorry about the Tipo mistake)and Interest Rate (Rate).
To choose between POLS and the Fixed Effect model I apply Fixed/Random effect Testing with a Redundant fixed effects-likelihood ratio.
Follow me on:
skype account
join.skype.com...
Linked Account:
www.linkedin.com/in/majeed-hussain-4a29ba131
Facebook AC:
/ majeed-hussain
instagram
/ majeed.hussain.3
copyright
Use of the information on this publication/website is at your own risk. No part of this publication may be reproduced, downloaded or transmitted in any form or by any means published somewhere without the author's permission. All publications are copyrighted by the author and publications are used for research and understanding purposes