Like OLS, the SUR method assumes that all the regressors are independent variables, but SUR uses the correlations among the errors in different equations to improve the regression estimates. The SUR ...

Fully modified least squares (FM-OLS) regression was originally designed in work by Phillips and Hansen (1990) to provide optimal estimates of cointegrating regressions. The method modifies least ...

Strategies include 1) using analogies between ordinary least squares (OLS) regression and logistic regression, 2) illustrating concepts with contingency tables, 3) focusing initially on the bivariate ...