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2:01
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SOURAV SIR'S CLASSES
Dummy Variable in Econometrics Explained Simply | Key Concepts #Econometrics #DummyVariable #Stats
Let’s discuss the Dummy Variable in Econometrics — one of the most important tools for incorporating qualitative or categorical data (like gender, region, or policy change) into regression models. 📊 In this short video, you’ll learn what a dummy variable is, how to create it, interpret coefficients, and avoid the dummy variable trap ...
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