Forget about multiple regression for a second. Let's look at an equation with just one X variable. Hopefully this won't get too confusing...this is tough to do in this format, but I'll give it a shot. Let's say my Y variable is homeruns and player's body weight is my X variable. HR=X*BodyWeight Let's say I'm looking at 5 players. So I have 5 homerun numbers and the body weight for the 5 players. For example, my five pairs of numbers are (X,Y): (220,10), (230,15), 235,12), (215,27) and (220,28 ) . We can calculate the intercept and the X coefficients using these numbers. To do so, we need to calculate some additional numbers. 1) I need the mean of the X numbers, which is (220+230+235+215+220)/5=224. 2) I also need the mean of the Y, which is 18.4. 3) Next, I need to subtract the mean of the X from each individual X, and the mean of Y from each individual Y. 4) I need to square the difference between the X's and the X mean (this is where the term least "squares" comes from). 5) I need to multiply each (X-224) by its corresponding (Y-18.4). Hopefully the formatting don't get too screwed up... Y........X........ X-224........ (X-224)^2........Y-18.4........(X-224)*(Y-18.4) 10........220........-4............ 16............ -8.4.............. 33.6 15........230........ 6............ 36............ -3.4..............-20.4 12........235........11...........121............ -6.4..............-70.4 27........215........-9............ 81............. 8.6.............. -77.4 28........220........ -4............16............. 9.6.............. -38.4 Total.................................270.................................-173 To calculate the X in the regression equation divide the total of the last column by the sum of the X-squares: -173/270= -.64 I won't go into the details of how to calculate the intercept, as it's not really important here, but the calculations are similar. So from my observations, I get the following equation: HR=162 - .64*BodyWeight So a couple of observations here: 1. As you can see, we're not assigning weights to anything. We are calculating the actual coefficient from the numbers in our sample of 5. 2. Coefficients can be negative. 3. We can use the equation to predict homeruns for someone who weighs 185 pounds. We take 162-.64*185lbs and we get 43.6 HR's. 4. The coefficients are really slopes. For each 1 pound increase in body weight, the model predicts that homeruns will decrease by .64. That's what least squares regression does, it finds the best slope for the data we have. 5. The OPS analysis was trying to predict runs scored I believe. So people were saying that each point of OBP is 1.8 times better than SLG. They calculated the coefficients for the two numbers the same way we just did in the example above and divided a couple of the coefficients -- which I've already shown is absolutely, positively wrong. 6. All of the calculations can be done in Excel. 7. Multiple regression uses the same type of calculations to get as many coefficients as is necessary (if you thought the above calcs were long, the work increases geometrically with each add'l variable). Yes, I know. http://forum.brewerfan.net/images/smilies/frown.gif People can make sense without cutting corners in their analysis (I may have failed here, but I'm winging it). It's something I find incredibly frustrating. Not so much on this board as for most of us, this is a hobby. But for people that do this for a living, I pull my hair out over a lot of the analysis -- especially when the analysis violates very basic regression rules. Many of the conclusions I see out there cannot be drawn from the methods used. Moneyball was an incredibly frustrating book to get thru for me.