Thursday, July 14, 2011

Hand-Flip Quantitative Analysis? Mm...Maybe

Quantitative analysis looks intimating with those formulas, algebra, calculus....But after all, we still call it Applied Econometrics. That means it is still usable, doable and interpretable.


Recall one of my favourite professors said in class that suppose you get good-quality data( I mean it, really structured), running a model is just hand-flip thing. The crux is how you interpret the results, namely the beta coefficents, and how you are going to use it to change the status quo.

Notes on Feb. 2nd, 2013: Dabbleboard seems to shut down for good. So the flow chart below is no longer available.

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