Ordinary Least Squares

GPTKB entity

Statements (37)
Predicate Object
gptkbp:instanceOf statistical analysis
gptkbp:abbreviation gptkb:OLS
gptkbp:assumes homoscedasticity
linearity
independence of errors
no multicollinearity
errors have zero mean
gptkbp:category statistical estimation
regression methods
gptkbp:contrastsWith gptkb:generalized_least_squares
gptkb:LASSO_regression
ridge regression
weighted least squares
https://www.w3.org/2000/01/rdf-schema#label Ordinary Least Squares
gptkbp:introduced gptkb:Carl_Friedrich_Gauss
gptkb:Adrien-Marie_Legendre
gptkbp:output regression coefficients
residuals
fitted values
gptkbp:reduces sum of squared residuals
gptkbp:relatedTo gptkb:Gauss-Markov_theorem
statistical analysis
linear model
gptkbp:solvedBy gptkb:algebra
normal equations
gptkbp:type estimation method
gptkbp:used_in statistics
econometrics
gptkbp:usedFor linear regression
parameter estimation
trend analysis
predictive modeling
gptkbp:yield best linear unbiased estimator
gptkbp:bfsParent gptkb:OLS
gptkb:Linear_Regression
gptkb:Ridge_Regression
gptkbp:bfsLayer 6