Katkat

Diagnose and fix linear regression violations

OtherData Scientist · Onsite

Last updated

Work through an OLS model on 10,000 observations: state the Gauss-Markov assumptions, show why residuals are orthogonal to the predictors, and handle three correlated predictors. Decide which violations break unbiasedness versus only inference, and what fixes apply.

Overview: Work through an OLS model on 10,000 observations: state the Gauss-Markov assumptions, show why residuals are orthogonal to the predictors, and handle three correlated predictors. Decide which violations break unbiasedness versus only inference, and what fixes apply.