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 ...

Time series regression usually involves independent variables other than a time-trend. However, the simple time-trend model is convenient for illustrating regression with autocorrelated errors, and ...

A variance inflation factor (VIF) provides a measure of multicollinearity among the independent variables in a multiple regression model. Detecting multicollinearity is important because while ...

Specifying the Regression Model . Next, specify the linear regression model with a MODEL statement. ... , OLS and GLS are consistent, but OLS is inefficient. Hence, a test can be based on the result ...

Id: 037120 Credits Min: 3 Credits Max: 3 Description. The estimation of empirical models is essential to public policy analysis and social science research. Ordinary Least Squares (OLS) regression ...