This semester I wrote my thesis on the determinants of municipal bond ratings. I created my own econometric model which may be used to forecast changes in future bond ratings. My math talk will discuss the regression techniques which I used in this model and analysis. I will introduce techniques such as ordinary least squares and probit analysis. I will also focus on the importance which certain assumptions play in applying each of these estimation methods. The main assumption I will discuss is that of homoskedastic residuals.

Sarah’s talk was done very well. I was familiar with a lot of the information because of taking Econometrics this semester. She gave great explanations of what I’ve already learned and explained probit analysis very well . It was interesting to see the results of testing real data through comparing the two different methods.