I am actually an art student, but I am now studying agriculture economics. Econometric is the biggest trouble in my study. I searched all the website for the reference materials. I should say, your videos extremely enlighten me. I could understand these important concepts and principles about Model and their applicants. My appreciation is beyond words. Thank you very much!
Interesting. How did agriculture economics turn out for you? I was interested in researching food production efficiency in vertical farming which is common in NL.
Hi! :) Hey can you do more in depth videos on Probit and Tobit models? With Examples of how to apply them :) Your videos are awesome man! Helped me with my metrics class :D
The error term shoul be normally distributed this is the regression assumtion, second the variance should be constant, in orther to have the best estimator, but standard normal has nothing to add for the model
I am actually an art student, but I am now studying agriculture economics. Econometric is the biggest trouble in my study. I searched all the website for the reference materials. I should say, your videos extremely enlighten me. I could understand these important concepts and principles about Model and their applicants. My appreciation is beyond words. Thank you very much!
Interesting. How did agriculture economics turn out for you? I was interested in researching food production efficiency in vertical farming which is common in NL.
Thank you so much Ben, I don't know what I would do without your videos! They are extremely helpful.
Hi, glad to hear it was helpful. All the best, Ben
you make this things look easy man
Once again, Thank you Ben Lambert.
You SIR, are the f**king man.
Hi! :) Hey can you do more in depth videos on Probit and Tobit models? With Examples of how to apply them :)
Your videos are awesome man! Helped me with my metrics class :D
at 5:50 I think there is a minus sign missing? As in P(-epsilon < ßX | X) since we multiply the right hand side times -1 which also effects epsilon
Best video for explanations ever.
Thank you for your video. It really does help!
Thank You and where could I get your presentation on Tobit Model ?
Did you find it?
THANK YOU!!!!!!!
Thanks for saving my degree
Thanks a million.
Why when the latent variable is positive y_i = 1. What is this choice based on?
Do you have a twitter account, Mr. Lambert?
There is an error in this video: the error term should be distributed as standard normal, whereas in the video its variance is sigma squared.
The error term shoul be normally distributed this is the regression assumtion, second the variance should be constant, in orther to have the best estimator, but standard normal has nothing to add for the model
@@hellodata7654 agreed.