Multiple regression is an extension of linear (OLS) regression that uses just one explanatory variable. MLR is used extensively in econometrics and financial inference.

Reviewed by Thomas J. Catalano Fact checked by Yarilet Perez Linear Regression vs. Multiple Regression: Overview Linear regression, also called simple regression, is one of the most common ...

Multiple linear regression is a more specific calculation than simple linear regression. For straight-forward relationships, simple linear regression may easily capture the relationship between ...

8.3. Regression diagnostics¶. Like R, Statsmodels exposes the residuals. That is, keeps an array containing the difference between the observed values Y and the values predicted by the linear model. A ...