I am glad to hear that you enjoy it! We currently don't have the presentations available for download, but that may become a possibility in the future if there's a demand for it. Now that the school year has started back up, we should start releasing new videos for the series, with Lesson 2.3 scheduled to premiere tomorrow or Friday!
We've started a pledge system to raise funds to continue the series since I know many people have found the first couple of episodes so valuable. Feel free to check it out at this link: www.ablebees.com/ssr/petitions/d8863414-971f-4893-abee-78104e5747d9
min: 9.20.. I guess I am lost here.. as I know more standard deviation determines the height and width of the curve. When the standard deviation is large, the curve is short and wide; when the standard deviation is small, the curve is tall and narrow. (high kurtosis)..did you mean that?
When we say "heavy tailed" we mean that a lot of data is concentrated in the tails of the distribution, and is further from the mean (therefore there are more outliers). What you're saying about the distribution being tall and heavily centred on the mean vs wide and more distributed is generally true, but it depends on the scale being used, so don't use that idea as a rule, but rather a guide, as it won't always be true.
Don't forget to check out the previous Econometrics 101 videos if you haven't already!
This series is terrific and I hope it will be returning very soon? Also, are these presentations available for download?
I am glad to hear that you enjoy it! We currently don't have the presentations available for download, but that may become a possibility in the future if there's a demand for it.
Now that the school year has started back up, we should start releasing new videos for the series, with Lesson 2.3 scheduled to premiere tomorrow or Friday!
Thank you, we really need this course. 👍👍
It’s amazing don’t quit the series
We've started a pledge system to raise funds to continue the series since I know many people have found the first couple of episodes so valuable.
Feel free to check it out at this link: www.ablebees.com/ssr/petitions/d8863414-971f-4893-abee-78104e5747d9
great videos! thankyou !
Thank you for the feedback! We're glad you found it helpful :)
Great lesson, where is 2.3?
Thank you! Unfortunately we put the series on pause due to a lack of interest from viewers over the summer months
Could you tell which book you might be using, I'd like if it is introduction to econometrics by James
Great
Glad you enjoyed the video!
min: 9.20.. I guess I am lost here.. as I know more standard deviation determines the height and width of
the curve. When the standard deviation is large, the curve is short and wide; when
the standard deviation is small, the curve is tall and narrow. (high kurtosis)..did you mean that?
When we say "heavy tailed" we mean that a lot of data is concentrated in the tails of the distribution, and is further from the mean (therefore there are more outliers).
What you're saying about the distribution being tall and heavily centred on the mean vs wide and more distributed is generally true, but it depends on the scale being used, so don't use that idea as a rule, but rather a guide, as it won't always be true.