Understanding Simple and Multiple Linear Regression

0.0(0)
studied byStudied by 0 people
0.0(0)
full-widthCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/9

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

10 Terms

1
New cards

Linear Regression

Provides a mean to estimate/predict the value of a dependent variable based upon the value of 1 (or more) independent variables

2
New cards

Horizontal Axis

X Axis (Independent)

3
New cards

Vertical Axis

Y Axis (Dependent)

4
New cards

Slope

Determines the direction and angle of the regression line within the graph

5
New cards

Slope Expresses

Extent to which y changes or every one unit change in x

6
New cards

Line of Best Fit

Purpose is to develop the line to allow the highest degree of prediction possible

7
New cards

Method of Least Squares

Procedure for developing the line of best fit

8
New cards

What is the purpose of the regression equation?

To estimate/predict the value of the dependent variable based on the independent variable 

9
New cards

What is the point where the regression line meets the y-axis called?

Y-Intercept

10
New cards

In order to be effective predictors, independent variables need to have

Strong correlations with the dependent variables but only weak correlations with other independent variables