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8.3: Summary

  • Page ID
    7241
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    Whoa! Think of what you’ve accomplished here: You learned enough calculus to find a minima for an equation with two variables, then applied that to the equation for the ∑ϵ2∑ϵ2. You derived the error minimizing values for ^αα^ and ^ββ^, then used those formulae in R to calculate by hand" the OLS regression for a small dataset.

    Congratulate yourself – you deserve it!


    8.3: Summary is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by Jenkins-Smith et al. via source content that was edited to conform to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.