Regression Equation . Now that we know how the relative relationship between the two variables is calculated, we can develop a regression equation to forecast or predict the variable we desire.

Last month we explored how to model a simple relationship between two variables, such as the dependence of weight on height 1. In the more realistic scenario of dependence on several variables, we ...

With only one variable in the model, it is unclear whether Visa affects the S&P 500 prices, if the S&P 500 affects V prices, or if some unobserved third variable affects both prices.

Course TopicsLinear models, generalized linear models, and nonlinear models are examples of parametric regression models because we know the function that describes the relationship between the ...