Linear regression is a powerful and long-established statistical tool that is commonly used across applied sciences, economics and many other fields. Linear regression considers the relationship ...
Polynomials are commonly used in linear regression models to capture nonlinearities in explanatory variables. It is less common, however, that polynomials are used to shift the regression coefficients ...
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 can ...