Lecture 13 Flashcards
define robust regression
is a form of regression analysis designed to overcome some limitations of traditional parametric and non-parametric methods. Regression analysis seeks to find the relationship between one or more independent variables and a dependent variable.
what is the significance of results, if 95% confidence interval has both negative and positive values?
the result is insignificant
what is the significance of results, if 95% confidence interval has only negative or positive values?
the results are significant
where is the dependent variable indicated in research papers?
in the title of the table
does robust regression address issues of heterogeneity of variance? and if not, how can we address it?
No it does not. This problem can be addressed by using functions in the sandwich package after the lm function.
how outliers will alter the data?
Outliers in the data will result in overestimated or underestimated regression coefficients, The relationship between the dependent and independent variables will be incorrectly estimated
if we cannot remove outliers, what method should be used?
robust regression models should be used.