Lecture 10 Flashcards
Lecture 10:
Who developed the Bivariate Regression?
Sir Frances Galton
Lecture 10:
What is Bivariate Regression?
A way to make predictions by looking at how independent variables impact dependent variables (using scores on 1 variable to predict scores on another)
Lecture 10:
What is another way to say Bivariate Regression?
- & very simple definition
Also known as Simple Linear regression & estimates future outcomes from present ones
Lecture 10:
How are Correlations used for Predictions?
- what does a larger correlation mean?
Correlations can be used as the basis for predicting X based on Y values
- larger correlation coefficient (r) = more accurate prediction (explained variance, r^2)
Lecture 10:
What is the equation for Regression?
- explain what each letter means
Y’ = a +bX
- Y’ = predicted value of Y; not the actual Y value
- b = slope (direction 7 strength of relationship)
- a = intercept (point where regression line crosses Y axis or point where x = 0)
Lecture 10:
What is the Error of Prediction?
The distance of the actual measure from the line of best fit (prediction)
Lecture 10:
What is an error in prediction called?
Called the Residual (Y’)
Lecture 10:
When determining error in your prediction, what is the Residual?
The vertical distance between actual data point and the line of best fit (best fit line represents best prediction of Y for any X value)
Lecture 10:
What should the sum of the residuals be? - Sum(Y-Y’)
Sum(Y-Y’) = 0; all the Negative residuals will cancel with the positive residuals
Lecture 10:
Review the calculations!!