The R-squared on this is kinda low, no? (Nobel prize edition)
Statistical Modeling, Causal Inference, and Social Science 2025-02-28
Summary:
An economist who would prefer anonymity points to the above wacky graph of a “robust regression.” It’s from a paper written by 2 out of the 3 recent Nobel prize winners in economics! The full paper is here, and my … Continue reading →