Statistics Made Easy 5.7: Robust and Clustered Standard Errors
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YouTubeStatistics Made Easy
Statistics Made Easy 5.7: Robust and Clustered Standard Errors
In this video, I explain the difference between robust and clustered standard errors, when to use them, and how to implement them in Stata. I also discuss the assumptions of homoscedasticity and independent observations, and what happens when these assumptions are violated. For additional background reading on clustered standard errors, I ...
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