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  1. R

    RSS Residual Sum Squares

    Hi im analysing my dissertation which has a OLS model. My RSS figures are very very big in some cases above 15000. I know a high RSS indicates a poorly fitted model. i have run the regression for 6 different countries using 154 observations per variable using 3 variables. My dependant...
  2. R

    Standard Error of Regression

    Im currently working on a dissertation. After running an OLS regression I have a statistic called the standard error of the regression. I have analysed the standard error of the coefficients but I do not know what the difference between the standard error of regression and coefficient are...