Dummy variable regression explained: Regression with categorical variables (Excel)

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Dummy variables are the go-to technique to introduce categorical variables or qualitative data in general into your regression modelling. Today we discuss the application of dummy variables in Excel and the relevant econometric concepts surrounding their use based on a simple example.

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Love the video and blown away by your spreadsheet prowess !

emileecvz
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This is absolutely great! Interesting how this could be done in Python assuming a larger dataset

aslivinschi
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Very, very useful the content of this video!

abdinardooliveira
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For me, python would be easier to follow than excel.

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