Multiple Linear Regression

Description

Regression Mind Map on Multiple Linear Regression, created by Keith Walker on 14/04/2013.
Keith Walker
Mind Map by Keith Walker, updated more than 1 year ago
Keith Walker
Created by Keith Walker over 11 years ago
245
1

Resource summary

Multiple Linear Regression
  1. Y = a + b₁x₁ + b₂x₂.....bkxk
    1. xᵢ is the ᵢth explanatory variable (i= 1,2,3...k)
      1. Y is mean, expected or predicted value of y which corresponds to a group of values for x
        1. Partial Regression Coefficients where b₁ represents the amount Y equals when b₁ is increased by 1 unit and all other coefficients remain the same.
        2. Analysis
          1. Goodness of fit. Adjusted R². Lo = poor
            1. ANOVA ie H₀ b₁,b₂.....bᵢ =0 Significant result, at least one x is linear related to Y
              1. t-test of each coefficient. Same as for Linear Regression for each explanatory variable. b₁/SE(b₁)
              2. When we are interested in the effect of several explanatory variables on a dependant variable.
                Show full summary Hide full summary

                Similar

                Statistics Vocab
                Nabeeha Yusuf
                ECO 351 - Business Statistics II - Problem Set 2
                LemonKing
                ECO 351 - Business Statistics II - Vocabulary and Equations
                LemonKing
                Linear Regression
                Keith Walker
                Regression Test New Reader
                wojtek niznam
                Regression test pdf
                wojtek niznam
                Logistic Regression
                Keith Walker
                Regression (Basics)
                Stephen Dominick
                B1 Biology
                Emily Needham
                Geography Coastal Zones Flashcards
                Zakiya Tabassum
                Salesforce Certified Platform Developer I (1-85)
                Marco Calisti