Overfitting in econometrics

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Fitting the noise rather the signal. - Perfect

googledude
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Greetings Lambert from Colombia. Your videos are so helpful. Thanks!

lmgpc
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Greetings from zambania - wonderful video

Justin-phrx
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Hey there, I don't really understand how the model is useless for prediction considering it goes through all data points? So if I take a particular x, it will exactly give me the data point, so what is the problem? Thanks!

JJc
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just be careful when you talk about the "blue model" 😁

totochandelier