Often the questions we ask require us to make accurate predictions on how one factor affects an outcome. If a teacher is asked to work out how time spent writing an essay affects essay grades, it’s ...
The purpose of this tutorial is to continue our exploration of regression by constructing linear models with two or more explanatory variables. This is an extension of Lesson 9. I will start with a ...
Acquire an understanding of the concepts surrounding 'collinearity'. Appreciate the indications and symptoms of collinearity in multivariable regression. Become aware of the available diagnostic tools ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...