What Does OLSR Stand For?

OLSR stands for Ordinary Least Squares Regression

Ordinary Least Squares Regression (OLSR) is a statistical method used to estimate the relationships between one dependent variable and one or more independent variables. It works by minimizing the sum of the squares of the differences between observed and predicted values, providing a linear equation that best fits the data. OLSR is widely used in various fields, including economics, social sciences, and natural sciences, for predicting outcomes and understanding correlations among variables.