OLS - Ordinary Least Square Method || OLS Estimation Explained in Hindi ||

OLS method of Estimation in economics.
My telegram channel- Digvijay Economica
My telegram channel link - @DSRP1
The OLS method aims to minimize the sum of square differences between the observed and predicted values.
It does so by estimating the coefficients of the linear regression model by minimizing the sum of the squared differences between the observed values of the dependent variable and the predicted values from the model. It is a popular method because it is easy to use and produces decent results.