Simple linear regression describes the linear relationship between a response variable (denoted by y) and an explanatory variable (denoted by x) using a statistical model.

Correlation vs Regression: Both correlation and regression are two powerful tools of statistics and data analysis used to understand the relationships between variables. However, they serve distinct ...

This article considers the analysis of clustered data via partial linear regression models. Adopting the idea of modeling the within-cluster correlation from the method of generalized estimating ...

Linear regression is a powerful and long-established statistical tool that is commonly used across applied sciences, economics and many other fields. Linear regression considers the relationship ...

In this module, we will introduce generalized linear models (GLMs) through the study of binomial data. In particular, we will motivate the need for GLMs; introduce the binomial regression model, ...

Model building via linear regression models. Method of least squares, theory and practice. Checking for adequacy of a model, examination of residuals, checking outliers. Practical hand on experience ...

Using historical data and regression analysis has its limitations in business forecasting. For example, a significant correlation between the independent and dependent variable does not ...