Final exam Flashcards
What is leverage?
How an individual data point can have the potential to influence the slope of the regression line
What is influence?
How an individual data point actually affects the slope of the line
If you remove the point, how much the slope will change
High influence data points are always high leverage values
What is Cook’s distance? What is it a good measure of?
Measures the effect of deleting the given observation.
It is a really good measure of influence
How can you calculate variance?
Square of SD
What assumptions must be met for linear regression?
CLINE - Constant variance, linearity, independence, normality (of errors), Error-free predictability
How should your residuals look?
Normally distributed
What is a residual value?
Actual value - predicted value
How do we know that variance-covariance is met in RMA?
epsilon adjustments are >0.7
What type of output is indicative of RMA?
H-H, H-F, G-G, epsilon adjustments
If the epsilon adjustment is
G-G, limits type I errors though can increase type II if you have sphericity
How do you calculate the magnitude of difference after RMA?
Pairwise comparison
How can you test if independence is violated?
Intra-class correlation
What does an ICC test look like? What value is most important?
“xtreg” get a value for rho.
What is the cutoff for ICC? What is the variable called?
Rho. This value is the ICC and explains how much of the variance is subsumed within subject. Note that 30% is huge. Anything over 0 is technically violating independence but analysts usually don’t get highly concerned until a value around 0.05 (i.e., 5%) is reached
What is the purpose of linear regression?
Predict when you have a dichotomous/binary outcome rather than continuous.
In what test do you find the log likelihood?
Logistic regression
What is LRChi2
The odds that our current model is better than our most recent model