Multiple Linear Regression MC Notes

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4 Terms

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Simple linear regression has:

One x and one y variable

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Multiple linear regression has:

One y and two or more x variables

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Dummy variable

Used in regression analysis, it takes only the value 0 or 1 to indicate the absence or presence of some categorical effect that may be expected to shift the outcome

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Multicollinearity

Occurs when two or more predictor variables in a regression model are highly correlated