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In the multiple regression problem with k explanatory variable,it would be quite tedious to derive the formulas for the slope coefficients without knowledge of linear algebra.The formulas certainly do not resemble the formula for the slope coefficient in the simple linear regression model with a single explanatory variable.However,it can be shown that the following three step procedure results in the same formula for slope coefficient of the first explanatory variable, :
Step 1: regress Y on a constant and all other explanatory variables other than ,and calculate the residual (Res1).
Step 2: regress on a constant and all other explanatory variables,and calculate the residual (Res2).
Step 3: regress Res1 on a constant and Res2.
Can you give an intuitive explanation to this procedure?
Co-Owner
An individual or entity that holds ownership rights in property or assets jointly with one or more parties.
Court Order
An official directive issued by a judge that requires a person or entity to do or refrain from doing something.
Restrictive Covenant
In property law, a condition imposed by the seller as to what the purchaser can use the land for; in employment law, a commitment not to work in a certain geographical area for a designated period of time.
Easement
The right of a person other than the owner to use a portion of private property.
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