After watching the video, Xu Lin understood how to operate the econometrics paper: first, arrange the data in a table according to a certain format, then import it into the econometric software, and finally start entering some specific commands in the software's input box. After the command is entered, the software will provide the analysis result based on the data and the command entered.
At the beginning, Xu Lin made quite a few mistakes, but then, by watching the video and repeatedly pondering over it, he finally got it right.
Furthermore, Xu Lin used more advanced econometric methods, avoiding those beginner-level analyses, because doing so makes the paper reach a higher standard.
