Ordinary Least Squares - SPUR ECONOMICS

Interpretation of Coefficients: OLS

The OLS or Ordinary Least Squares is one of the most widely used models in Econometrics and many other fields. The interpretation of coefficients is one of the most critical…

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January 5, 2023

Econometrics / Ordinary Least Squares

Ordinary Least Squares Estimation

OLS or Ordinary Least Squares is the most common method used in Econometrics. It is a linear regression technique that minimizes the sum of squared residuals (error term) to estimate…

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January 5, 2023

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