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Statistics Made Easy 5.6: Control Variables
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This primer explains the concept of control variables in regressions: what they are, when to use them, and the risks of "overcontrolling" and multicollinearity.
For additional background reading, I recommend these papers:
You can download the datasets, additional explanations, and the Stata "Do Files" for the tutorial by following this link:
For additional background reading, I recommend these papers:
You can download the datasets, additional explanations, and the Stata "Do Files" for the tutorial by following this link:
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