Econometrics and Data Science: Apply Data Science Techniques to Model Complex Problems and Implement Solutions for Economic Problems

Get up to speed on the application of machine learning approaches in macroeconomic research. This book brings together economics and data science.

Author Tshepo Chris Nokeri begins by introducing you to covariance analysis, correlation analysis, cross-validation, hyperparameter optimization, regression analysis, and residual analysis. In addition, he presents an approach to contend with multi-collinearity. He then debunks a time series model recognized as the additive model. He reveals a ...