Variance of OLS estimators | Linear Regression Model | Econometrics | Harpreet Kaur | Ecoholics

What is variance in the regression model?
In terms of linear regression, variance is a measure of how far observed values differ from the average of predicted values, i.e., their difference from the predicted value means.
A linear regression model describes the relationship between a dependent variable, y, and one or more independent variables, X. The dependent variable is also called the response variable. Independent variables are also called explanatory or predictor variables.
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Need your video on the least squares estimates of variance

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Hello Rajeev,
Stay tuned we will be uploading a video soon
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