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Before building my model, I want to step back to offer an easy-to-understand definition of linear regression and why it’s vital to analyzing data. What is linear regression?
For example, you might use regression analysis to find out how well you can predict a child's weight if you know that child's height. The following data are from a study of nineteen children. Height ...
Linear forecasting models can be used in both types of forecasting methods. In the case of causal methods, the causal model may consist of a linear regression with several explanatory variables.
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