In this article, you'll learn the basics of simple linear regression, sometimes called 'ordinary least squares' or OLS regression—a tool commonly used in forecasting and financial analysis. We ...

Regression with Autocorrelated Errors . Ordinary regression analysis is based on several statistical assumptions. One key assumption is that the errors are independent of each other. However, with ...

Figure 19.2: OLS Results for Supply Equation. For each MODEL statement, the output first shows the model label and dependent variable name and label. This is followed by an Analysis of Variance table ...

Line of Best Fit. Line of Best Fit and Regression Analysis . To perform a regression analysis, a statistician collects a set of data points, each including a complete set of dependent and ...