Simple Linear Regression (OLS Method)

This video demonstrates how to use the OLS method to estimate regression parameters. Interpretation of regression coefficients is also covered. To watch more videos, visit ‪@TheStatsDon‬

[@user-cw6jc6hw2b]

Thank you

[@paulmagaiwa]

Simply the 👌

[@tareqislam1434]

not the don, the mafia king of stats

[@adenabdullahi4591]

Is this really same as y=a+bx?

[@TheStatsDon]

Yes, see 7:12 - 7:14. The convention is to use betas instead of "a" and 'b"

[@hazzani678]

sir,how will you get the values via the calculator explain please thanks

[@TheStatsDon]

Use MODE: STAT---->a+bx or REG---->Lin, depending on your calculator.

[@hazzani678]

@@TheStatsDon thanks identified it...please am looking for on how you will insert the values of x and y ...so that you cant easily get £x,£y,£xy,£x(squared) and £y (squared)

[@TheStatsDon]

@@hazzani678 see my earlier explanation. To get those summations use S-SUM instead of S-VAR.