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The coefficient of determination (the R-squared) - what it is, why it is used, how we calculate the adjusted R-squared. Problems with regression analysis

The coefficient of determination (the R-squared) - what it is, why it is used, how we calculate the adjusted R-squared.

Problems with regression analysis – multi-collinearity, heteroscedasticity, autocorrelation, - are able to define each problem, how we would recognize them and how to correct them.

Dummy variable - what it is, how/why it is used.

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