Saturday March 18th 2017

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Statistics 101: Simple Linear Regression (Part 3), The Least Squares Method

I reviewed number of videos on this topic and found this to most comprehensible. An excellent video by Brandon Foltz. In this video, he very simply explained the fundamental concept in linear regression; the Least Squares Method. This video will involve formulas and simple calculations. While you may not have to find a simple regression line by hand very often, it is not that difficult to do, and this video will at least show you how it is done so you understand the underlying mechanics.