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In the worked example we already considered above, if we run the multiple linear regression, we would generate a 95% confidence interval (CI) around the regression coefficient for age, which is a ...
Time series regression usually involves independent variables other than a time-trend. However, the simple time-trend model is convenient for illustrating regression with autocorrelated errors, and ...
For example, if a student had spent 20 hours on an essay, their predicted score would be 160, which doesn’t really make sense on a typical 0-100 scale. It’s always important to understand the ...