Tag: econometrics
How to Analyze Pearson Correlation Using Excel
Correlation analysis is one of the analytical techniques used to test the associative relationship between variables. In correlation analysis, testing can be conducted to answer whether the relationship between variables is significant and how strong and the sign of the relationship between the variables.
How to Interpret Negative Coefficient Estimations in Linear Regression?
The ordinary least squares (OLS) method is commonly employed in linear regression analysis to establish the relationship between the independent and dependent variables. Despite its numerous advantages, researchers must meet certain requirements to use this method.