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OLS#MLE#MCMC

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This file discribed the basic codes for

  • Ordinary least squares (OLS): a type of linear least squares method for estimating the unknown parameters in a linear regression model.

  • Maximum likelihood estimation (MLE): a method of estimating the parameters of a statistical model, given observations.

  • Markov chain Monte Carlo (MCMC) methods comprise a class of algorithms for sampling from a probability distribution.

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