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3:41
YouTube
Ben Lambert
Perfect collinearity - example 1
This video explains how perfect collinearity can arise as a result of imperfect modelling. Check out https://ben-lambert.com/econometrics-course-problem-sets-and-data/ for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian ...
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