Linear regression continues to be a fundamental tool in data analysis. Nevertheless, for increasingly complex datasets, the limitations of ordinary least squares (OLS) emerge. Elaborate regression techniques offer powerful alternatives, enabling analysts get more info to capture complex relationships and address data heterogeneity. This exploration

While Ordinary Least Squares (OLS) remains a foundational technique/method/approach in regression analysis, its limitations sometimes/frequently/occasionally necessitate the exploration/consideration/utilization of alternative methods. These alternatives often/may/can provide improved/enhanced/superior accuracy/fit/performance for diverse/varied/un