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Techniques for analyzing the relationship between one (or more) "dependent" variables and "independent" variables.

1 vote
0 answers
169 views

Robust Statistics - linear regression

Is it fair to say that robust estimation should be used when the iid assumption doesn't hold? My understanding is that the sample has to be random/independent/uncorrelated but it can follow non-identi …
M_M's user avatar
  • 162
0 votes
0 answers
763 views

Obtain elasticity from model predictions

Say we have estimated a model: demand = a + b * price; where b represents the estimated point elasticity (assuming a log-log model). Can we use this model to predict the demand in a new scenario wh …
M_M's user avatar
  • 162
2 votes
0 answers
4k views

Multilevel analysis: panel data and multiple levels

The idea is to develop a regression model (Y= a + b1*X1 + b2*X2) while taking into account the hierarchical (multilevel) nature of the data. …
M_M's user avatar
  • 162