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This lecture (part 4 of 6) provides details on how to estimate parameters of a linear regression via Ordinary Least Squares (OLS) method. The matrix form of regression model is considered and OLS method is used to estimate true parameters in MS Excel software package. Step by step calculations are done using a real world example covering 51 US states. For clear understanding, please do watch all parts. A complete version (combining all parts into one video) is also uploaded to this YouTube channel (FAMu0026FAMI). Best Wishes
Part 4/6: Estimating Parameters in Linear Regression via OLS | Step By Step Calculations Using ExcelPart 4/6: Estimating Parameters in Linear Regression via OLS | Step By Step Calculations Using ExcelPart 4/6: Estimating Parameters in Linear Regression via OLS | Step By Step Calculations Using ExcelPart 4/6: Estimating Parameters in Linear Regression via OLS | Step By Step Calculations Using Excel
Part 4/6: Estimating Parameters in Linear Regression via OLS | Step By Step Calculations Using Excel