Simple Regression
Academic Article Abstract


Location and Availability 
Penn State University Libraries: https://doi.org/10.1016/B978-0-12-803459-0.00008-X


Description 
Simple regression is the most foundational skill in econometrics. It allows us to identify relationships between variables. Simple regression can also explain how a change in one variable affects another variable. This academic article abstract provides a concise and informative description of simple regression. It considers every aspect of simple regression, such as standard error and beta.


Tips

• Read the entire abstract twice.

• After reading, create your own definitions for simple regression, standard error, correlation coefficient, beta, and R-squared.

• Think about how the information in the abstract can apply to daily life.

• Write down any questions left unanswered by the abstract, and bring them to class.