6.4 What is a dummy variable trap and how is it related to multicollinearity of regressors? What...

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6.4 What is a dummy variable trap and how is it related to multicollinearity of regressors? What is the solution for this form of multicollinearity?

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Introduction To Econometrics

ISBN: 9781292071367

3rd Global Edition

Authors: James Stock, Mark Watson

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