Econometrics # 19 : Understand Dummy Variable in 10 Minutes (Part 1/2) By Dr. Tehseen Jawaid

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  • Опубліковано 16 вер 2024
  • This video/Lecture tells about the basic concept of Dummy variable including definition, formation and interpretation.
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КОМЕНТАРІ • 73

  • @farahrao1439
    @farahrao1439 2 місяці тому +1

    Thank you sir I was worried about this topic and you made it very easy to understand. May Allah (SWT) blesses you 😊

  • @MsSbkj
    @MsSbkj 2 роки тому +2

    Sir your teaching method is great. I am from KU

  • @roshangupta672
    @roshangupta672 Рік тому +3

    Sir kya padhate ho ❤️❤️❤️❤️ love from India

  • @chaytanya2293
    @chaytanya2293 2 роки тому +3

    Best,These all are actually Data Science concepts. Please create a playlist of Data Science and add those videos in them.

  • @gaurav-ls8kv
    @gaurav-ls8kv Рік тому +1

    Thank you for uploading videos on utube. It helps me in my studies.

  • @Anita_Sharmaa
    @Anita_Sharmaa 2 роки тому +1

    You are amazing, have a
    clarification on your teaching. Thank you from Nepal

  • @roshinafaryal5198
    @roshinafaryal5198 Рік тому +1

    Thank uh sir very much your teaching method is very nice...

  • @ahmedmaliky7647
    @ahmedmaliky7647 2 роки тому +1

    Outstanding... Mashallah...keep it up

  • @enoshfinance6567
    @enoshfinance6567 8 місяців тому

    Love from India ❤.. great understanding

  • @khalil-urrahman9517
    @khalil-urrahman9517 3 роки тому +2

    Wonderful MaShaAllah
    Kindly arrange to explain Propensity Score Matching
    JazakAllah and Thanks

  • @vrindaarora7869
    @vrindaarora7869 2 роки тому +2

    Helped alot , thank you

  • @mishalanis1462
    @mishalanis1462 2 роки тому +1

    Your lecture is outstanding.....❤️

  • @prabaldutta6786
    @prabaldutta6786 6 місяців тому +1

    Thank you sir 😊

  • @inayetlone3018
    @inayetlone3018 3 роки тому +2

    great sir,, i see lectures of so many teachers, but ur way of understanding is best..
    i m from non-economics background doing pg in economics
    ur video's helped me
    May Allah bless u
    kindly suggest me some books for pg

  • @TheAmirmustafa
    @TheAmirmustafa Рік тому +1

    useful descriptive lecture

  • @RajnishBittan-gf2gy
    @RajnishBittan-gf2gy 5 місяців тому

    Thankyou so much sir🌺🌺🌺

  • @aliaslam2872
    @aliaslam2872 Рік тому +1

    Love to see your videos😇

  • @kashansamad197
    @kashansamad197 3 місяці тому

    A1 samjhaya mA. Apni zaban me samajh ka level alag hota he

  • @pramoddahule1740
    @pramoddahule1740 2 роки тому +1

    nice explaination sir

  • @sharfaafzal
    @sharfaafzal 2 місяці тому

    Thank You so much SIR 😊

  • @ibrar2kt
    @ibrar2kt Рік тому +1

    apni female ko empty consier kiya kya ..jabki dummy to just representaiton ke liy ehia

  • @vanshikatyagi7386
    @vanshikatyagi7386 Рік тому +1

    Thank you so much sir.

  • @roshnitvzs
    @roshnitvzs 2 роки тому +1

    MashAllah well explained keep it up and i am going to subscribe your channel as it is helping me

  • @naziabano7289
    @naziabano7289 4 роки тому +1

    NICE!

  • @ashrafkhan468
    @ashrafkhan468 3 роки тому +2

    Sir app zyada se zyada videos uplood karen app ka zrorat hen

  • @qamarishtiaq1983
    @qamarishtiaq1983 Рік тому +1

    very well explained

  • @salmanmughal930
    @salmanmughal930 Рік тому +1

    Best videos

  • @mushahidhussain5124
    @mushahidhussain5124 2 роки тому

    Hello Sir, I hope you are fine. Ur videos are very informative.
    Mashallah

  • @diya380
    @diya380 2 роки тому +1

    Thank you so much

  • @ayeshaakram1364
    @ayeshaakram1364 Рік тому +1

    Thank you sir

  • @Massi2021
    @Massi2021 6 місяців тому +1

    Gjb❤❤❤

  • @ashrafkhan468
    @ashrafkhan468 3 роки тому +1

    Nice sir jee

  • @sabaaslam4766
    @sabaaslam4766 Рік тому +1

    In excel sheet to run multiple regressions, should I use all IV & all control variables and all dummy variables as my Independent variable??

  • @ashrafkhan468
    @ashrafkhan468 3 роки тому +1

    Bohot easy methods

  • @khalidsiddique5350
    @khalidsiddique5350 Рік тому +1

    Thanku sir

  • @saqlainkanani7998
    @saqlainkanani7998 4 роки тому

    Amazing video
    I also want to be economy like Imran Khan.

  • @abbaskhanyousafzai1
    @abbaskhanyousafzai1 2 роки тому

    This is a very basic dummy variable understanding, what if we have multiple structural breaks in the data while apply the ECM and we need to add a dummy variable to increase the reliability of the model, this is what I am look for .

  • @snowwolf4148
    @snowwolf4148 2 роки тому +1

    Genius

  • @nasrullahturke4480
    @nasrullahturke4480 3 роки тому +3

    Assalam walekum Dr Tehseen
    In this video we have learnt binary or binomial qualitative aspect. I understand if we have more than 2 qualitative aspect we will still follow the same concept with m-1.
    Do we follow the same concept while estimating qualitative aspect dependent variable.

    • @TJAcademyofficial
      @TJAcademyofficial  3 роки тому +1

      Ws. Yes it is. We will create 2 dummy variable and each of them follow n-1

    • @alizehkhan7912
      @alizehkhan7912 2 роки тому

      @@TJAcademyofficial sir nonlinear model k bare main batyr

  • @adeelkhan1186
    @adeelkhan1186 4 роки тому +2

    Sir, please upload learning videos of Eviews like unit root, regrassion analysis and Co-Integration etc.( Panel and time series)

  • @WheelsofWanderlust
    @WheelsofWanderlust 3 роки тому +3

    Dr. Tehseen, could you please explain the reason why there is a change in Intercept for Female Income Model. i.e. 15 is used instead of 10

    • @TJAcademyofficial
      @TJAcademyofficial  3 роки тому

      It happens otherwise model will not give you the logical answer as discussed. Watch it's EViews version, the below video will clarify that OLS will do the same in software as it is discussed in this video.
      Link: ua-cam.com/video/5i3jDkyKq-A/v-deo.html

    • @makeupsavvy3318
      @makeupsavvy3318 3 роки тому

      I had the same double we should used the same 10

  • @mominairshad9299
    @mominairshad9299 2 роки тому

    Well explained!!

  • @iqramujtaba8658
    @iqramujtaba8658 2 роки тому +1

    Sir plz plz plz GMM model pe vedio bna dein

  • @shobnommustary9916
    @shobnommustary9916 3 роки тому +1

    Hello sir,I want to find the effect of credit risk on financial distress.I have 10 years data+9 companies (3 of them are large cap firm,3 are mid cap and the rest 3 are low cap),means I have panel data. Here my dependent variable is altman z score and independent variables are NPL ratio,Loan loass provision ratio.I want to add the effect of market capitalization here like large cap firms' credit risk impact on financial distress.My question is how will I add dummy variable here?when working with large cap firm value will be 1 for the rest (means other 6 firms) it will be 0? And in same way when working with mid cap,mid cap 3 firms value will be 1, rest will be zero?
    Also,you have said (n-1) variable will be added. When I'll want to see large cap firm effect,which two variable I will select?

    • @TJAcademyofficial
      @TJAcademyofficial  3 роки тому

      Please find the links below for panel data. Your question will be answered about dummy in panel data.
      Link 1: ua-cam.com/video/eJ55gvp3S5E/v-deo.html
      Link 2: ua-cam.com/video/2-CLQxW1Mgw/v-deo.html
      Link 3 with EViews: ua-cam.com/video/WUhS7FE2ZtM/v-deo.html

  • @FlywithZahanat
    @FlywithZahanat 2 роки тому

    why have you putted the alpha value 15 for female dummy and 10 for male dummy?

  • @hkarwa
    @hkarwa 4 роки тому +2

    Sir why u put negative sign when u include female in the model???

    • @TJAcademyofficial
      @TJAcademyofficial  4 роки тому +4

      Thank you for asking. Negative sign with female is due to positive sign of male in same model. Obviously, in one sample if male is earning more than female and if we use dummy for female so the model will show the same result for the same sample (negative sign shows female is earning less).

    • @hkarwa
      @hkarwa 4 роки тому +2

      But before we calculate the income of female, how we can say that female is earning less than male?

    • @TJAcademyofficial
      @TJAcademyofficial  4 роки тому +2

      If male is earning more, this shows that female is earning less. There is no need to check female earning if male is earning more.

  • @okvlogs6896
    @okvlogs6896 3 роки тому +1

    Sir why you change alpha value from 10 15 i am too much confused

    • @deepikajain4828
      @deepikajain4828 3 роки тому

      Yes sir please tell you u change alpha value???

  • @zebakhanam671
    @zebakhanam671 11 місяців тому

    JAAKALLAH

  • @VatsalLahoti
    @VatsalLahoti Рік тому +1

    bismillah rehman e rahim

  • @quotescollection1372
    @quotescollection1372 2 роки тому +1

    I have a Question sir
    Male dummy ma alpha=10 tha ...and female dummy waly model ma alpha=15 Q rkha ?

    • @TJAcademyofficial
      @TJAcademyofficial  2 роки тому

      Agar aisa nhi krengay to answer logical nhi Hoga. Software will also do the same.

  • @user-yl5ql6vp6w
    @user-yl5ql6vp6w 3 роки тому +1

    Great work sir thankyou💖... One qus- why did you put alpha-15 earlier u put alpha - 10 if case is same?

  • @chineseculturewithgmqamar5699
    @chineseculturewithgmqamar5699 2 роки тому

    Goood

  • @ayeshabaloch2397
    @ayeshabaloch2397 3 роки тому +1

    And 2 and 3 jo beta ki jaga arhe hai wo khan se aye ?

  • @sid1065
    @sid1065 7 місяців тому

    no non-binary identities were harmed in this video

  • @moonquartzs
    @moonquartzs 9 місяців тому +1

    I came here from tiktok

  • @rinkujangra4217
    @rinkujangra4217 4 місяці тому +1

    Thanks sir ❤❤

  • @chandnirana369
    @chandnirana369 2 роки тому +1

    Thank you sir 🙏 ☺