Web4.4 The Least Squares Assumptions OLS performs well under a quite broad variety of different circumstances. However, there are some assumptions which need to be satisfied in order to ensure that the estimates are normally distributed in large samples (we discuss this in Chapter 4.5. Key Concept 4.3 The Least Squares Assumptions Web“@NormanMacleod14 I have a different take on it. You need a language that is descriptive and multipurpose. We neutralised all taxonomies, which can now be used for all sorts of …
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