Chapter 5 Section 2. The skills covered in Part B include producing and interpreting summary statistics (covered in online tutorials in Block 1 Econometrics I: Using gretl to analyse data and Practice Exercises I). Part B also covers skills related to simple (univariate) and multiple (multivariate) regression analyses and the differences between the two concentrating mainly on the interpretation of model coefficients. Multiple regression is introduced in the online tutorials Econometrics II: Bringing economic theory into data analysis regression analysis and ordinary least squares and Practice exercises II. Elasticities are covered in Section 8 of the online tutorial Econometrics II.
