I think it's an error.  The method definition should probably just be:

linreg{T<:Number,S<:Number}(X::AbstractVector{T}, y::AbstractVector{S}) = 
[ones(T, size(X,1)) X] \ y

which will allow it to work for X and y of different types.

A PR (pull request) with a patch and a test case would be most welcome.

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