#10 Classical Linear Regression Model | Part 4 | Introduction to Econometrics

Welcome to 'Introduction to Econometrics' course ! This lecture discusses the assumption of no multicollinearity in the CLRM. It also explains the estimation procedure using Ordinary Least Squares (OLS), which minimizes the sum of squared errors. The lecture uses a diagram to illustrate how OLS gives equal weight to all error terms. NPTEL Courses permit certifications that can be used for Course Credits in Indian Universities as per the UGC and AICTE notifications. To understand various certification options for this course, please visit https://nptel.ac.in/courses/130106001 #Multicollinearity #OLS #ErrorTermWeightage