6.2b Regression Model with Quadratic terms

[@Retumn98716]

hey, I am just studying econometrics in my master's degree and you're videos are helping me a lot understanding the subject ... even more so than my own professors lectures. Thank you very much for putting them on!

[@kakarvenoo]

Thanks for your message, I am glad you find these useful for your classes!

[@abdullahikelly9271]

Very interesting explanation thanks,

[@clintonarum6935]

Well explained. This is helpful. Thanks very much.

[@sergiokrakowiak3703]

Wonderful lecture!!! Helped me a lot. Thank you!!

[@markokusacic5868]

Is it normal that quadratic equation produces multicolionarity between x and x^2 in the model and should I try to get rid of it?

[@kidcoltsungete8987]

This is really of help 👏

[@jyotsnarosario2204]

What if we have a log log specification, should we take square the experience and then take log i.e., log (experience* experience) or take log (experience)* log (experience).

[@kakarvenoo]

You wouldn’t take the log of exper or exper squared - logs will complicate the interpretation.