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Linear Regression

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OLS <strong>Regression</strong> Model<br />

In Ordinary Least-Squares (OLS) regression,<br />

the “best” model is defined as the line that<br />

minimizes the error between model and data<br />

(sum of squared differences).<br />

Conceptual description of regression line<br />

(General <strong>Linear</strong> Model):<br />

Y = b 0<br />

+ b 1<br />

X 1<br />

+ (B 2<br />

X 2<br />

… + B n<br />

X n<br />

) + ε<br />

Outcome Gradient<br />

Intercept<br />

Predictor<br />

Error<br />

CPSY501: multiple regression 2 Oct 2009<br />

12

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