This is the data given. I have to choose which model is best to use. How should I start it off?
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Get it written →This is the data given. I have to choose which model is best to use. How should I start it off? What is the important aspects to evaluate which is the best model to use? Shall I test for heteroskedasticity and endogeneity first and then determine if the OLS is the best way to use it or not. Also, I thought it was important to have the standard errors to make a good judgement.
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