In a previous post, I covered how heteroscedasticity “happened” to me. The anecdote I mentioned mostly pertains to time series data. Given the purpose of the research that I was developing back […]
The National Association of Realtors communicated today that its index of Pending Homes Sales increased 3.5 percent in February 2016. This indicator offers valuable insight for housing market analysis here in the […]
Multicollinearity is a common pitfall in the practice of multiple regression analysis. Whenever analysts conduct quantitative research, they must be aware of at least the seven core assumptions of linear regression. In […]
The currency seems to have a negative effect… There are two sides to every story, even for US-China foreign trade. Ever since China emerged to the world economy as a major manufacturing […]
Campaigns against social security usually claim that Social Security Benefits discourage workers from being employed. Many right wing policy advocates point their fingers at Social Security Benefits as being expensive and further […]
Economists like to think that wages are set depending upon two basic factors plus a “catchall” variable. The two basic factors are expected price level and unemployment rate. The “catchall” variable stands […]
If your research project involves aspects on the general prospective of U.S. Economy, here are some useful data sources, surveys and metrics that might illuminate insights for your research. Although there might […]
Econometricus.com: A Quantitative Research Consulting Firm. At Econometricus.com we help clients to get statistical data straight and accurate as much as possible. No matter whether our client is a lawyer supporting a […]
Once you are done with your statistical modeling process, it is time to evaluate the overall soundness of your work. • First, do the signs of the estimated coefficients correspond to what […]
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