In this article, you'll learn the basics of simple linear regression, sometimes called 'ordinary least squares' or OLS regression ... we can develop a regression equation to forecast or predict ...

or OLS) to arrive at the geometric equation for the line, either through manual calculations or by using software. A straight line will result from a simple linear regression analysis of two or ...

The linear regression equation is perhaps one of the most recognizable in statistics. It can be used to represent any straight line drawn on a plot: Where ŷ (read as “y-hat”) is the expected values of ...

Ordinary linear regression (OLR) assumes that response variables are continuous. Generalized Linear Models (GLMs) provide an extension to OLR since response variables can be continuous or discrete ...