Instrumental variable

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Offline munna99185

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Instrumental variable
« on: January 16, 2015, 12:43:29 PM »
Instrumental variable is a variable, replacing endogenous variable(when use as an explanatory variable in an equation) which is uncorrelated with the error term in the equation.

Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University