A simple OLS regression model with a single explanatory variable can be illustrated using the example of predicting ice cream sales given outdoor temperature (Koteswara, 1970). The model for this relationship (calculated using software) is
A simple OLS regression model with a single explanatory variable can be illustrated using the example of predicting ice cream sales given outdoor temperature (Koteswara, 1970). The model for this relationship(calculated using software) is