我叫仙人涨 · 2020年01月08日
我好像明白了。做个大总结, 星星老师看下对么?
strong correlation means linear relationship !
eg. correlation of X1 and X2 :
if correlation = 1, then it is linear
if correlation > 0.7 , then it is highly or called strongly correlated
1) X must contribute to Y
2) X1 and X2 etc must have correlation
(1) and (2) conditions are based on omitted variable theory says
Ommited Variable under Model Specification says "One or more impt variables could be omitted from regression "
Two conditions must hold for omitted variable bias to exist.
a) The omitted variable must be correlated with the dependent variable.
b) The omitted variable must be correlated with one or more other explanatory/ independent variables. )
3) X1 and X2 etc must have correlation but smaller than 0.7
(3) is based on multicollinearity theory says we must assumed there is no strong correlation btw X )
星星_品职助教 · 2020年01月09日
可以这么总结