Table of Contents
Module 1
- model output:
- estimated variance of Betas is square of std error (std dev is the root of variance)
- use p value to see if beta value is 0. if p value is low, reject null hypothesis
- Std. Er = estimate / t-value
- Simple Linear Regression Assumptions:
- Linearity / Mean Zero: expectation of error terms becomes 0
- Constant Variance: the variance of the errors is = \(\sigma^{2}\) across all predictor values
- Independence: the errors are independent variables and normally distributed
- ANOVA
- you have several populations which you sample, then you use box plots to compare the means, variances, etc.
- assumptions: constant variance amongst groups, independence, normality (linearity assumption not necessary!)