Multiple Regression - Interpreting coefficients

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Dr Nic gives a thorough explanation on how to interpret coefficients in linear and multiple regression models.

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Timing
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0:00 Introduction
1:50 Things to consider
2:04 Observations
3:00 Units
4:29 Right way around
5:20 Other things equal
6:02 Causation
7:20 Ends

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Dr Nic Videos about Multiple Regression
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Interpreting coefficients (this one)
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Videos about Causation

#Statistics #DrNicStats
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This was very helpful. Your explanations are incredibly easy to follow and understand!

chanchiravar
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Hello thank you for this useful video. My question is, what about the interpretation of the coefficient of a dummy variable? thank you.

bhelayves-martialkoffi
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Mam what should be the value of coefficient in a regression to fit the model and what should be the value of j statistics

natureofbangla
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I love your videos, but I am disappointed in the correlation vs. causation example of the relationship between crime rate and money spent on policing. This is an area of continued conversation and study, because yes, although higher crime rates may be responded to with higher police budgets, more money spent on policing may mean less money spent in other areas/initiatives (education, social services) that may affect the crime rate. So the flippant large "WRONG!" and "This makes no sense" was very disappointing.

wedrecdets