What are SST SSE and SSR 【Five Minute Econometrics】Topic 9

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00:00 What are total sum of squares (SST), explained sum of squares (SSE), and residual sum of squares (SSR)? • 02:26 The relationship between the three variations: the total variation in y is the sum of the explained and the unexplained variations. • 04:13 SST, SSE, SSR and other related statistics in the Stata regression result window. • Hi, I am Bob. Welcome to the Five-Minute Econometrics program about fundamental econometric concepts and theories. Today, we will explore the econometric terms SST, SSE, and SSR. According to the textbook Introductory Econometrics: A Modern Approach 7th Edition by Professor Jeffrey Woodridge, SST is the abbreviation for total sum of squares, SSE is the short form of explained sum of squares, and SSR is the residual sum of squares. • #SST #SSE #SSR #variation #Econometrics #Stata #explainedvariation #unexplainedvariation • 【Free Courses on My YouTube Channel】 • Economics in Real Life: • • Economics in Real Life • Solutions to Introductory Econometrics A Modern Approach 7th Edition: • • Solutions to Introductory Econometric... • Solutions to Microeconomics Theory and Applications with Calculus: • • Solutions to Microeconomics Theory an... • Stata Tutorials: • • Stata Tutorials • Five Minute Econometrics: • • Five Minute Econometrics (Econometric... • Introductory Microeconomics: • • Introductory Microeconomics (2022) • Introductory Stata: • • Introductory Stata (2022) • Drum Covers: • • Drum Covers • 【粵語Cantonese】現實生活中的經濟學: • • 【Cantonese粵語】現實生活中的經濟學 • 【國語Mandarin】現實生活中的經濟學: • • 【Mandarin國語】現實生活中的經濟學 • 【粵語Cantonese】微觀經濟學基礎: • • 粵語Cantonese微觀經濟學基礎2022 • 【粵語Cantonese】五分鐘計量經濟學: • • 【Cantonese粵語】五分鐘計量經濟學(計量經濟學輔導) • 【國語Mandarin】五分鐘計量經濟學: • • 【Mandarin國語】五分鐘計量經濟學(計量經濟學輔導) • On the Road: • • On the Road • 【Become a Supporter of the channel ($2.99) to get PDF transcripts for】 • 1. Solutions to Microeconomics Theory and Applications with Calculus 5th Edition, • 2. Solutions to Introductory Econometrics A Modern Approach 7th Edition, • 3. Introductory Stata (2022), • 4. Introductory Microeconomics (2022), and • 5. Introductory Stata: Summary Statistics and Data Management • / @bobwenecon • In addition to the videos on my YouTube channel, you can also learn Stata from my free Alison online courses. • Introductory Stata: Summary Statistics and Data Management • https://alison.com/course/introductor... • Introductory Stata: Graphics and Data Visualization • https://alison.com/course/introductor...

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