Hello everyone,
In my analysis, the dependent variable is a continuous variable and the independent variable is endogenous explanatory variable which is a binary in nature. The instrument is a continuous variable. For the regression analysis, I have used 'ivregress 2sls' command and got a significant coefficient. But while I am using postestimation for first stage F, it is come out to be approx. 3360. Now my question is: is it possible to have this kind of large F or is it incorrect?