Regression Lines Flashcards
4 assumptions made when doing a linear regression:
- normal sampling distribution
- interval data
- constant variance
- linear model
A regression line produces…
A line of best fit that looks to minimise the sum of all the errors in the data
Talk about inferential statistics
Inferences can be made from the sample size about the wider population
Used when you have sample statistics for hypothesis testing
Require random sample drawn from population
What does the p value need to be below for it to be significant and why?
0.05
Means there is less than 5 percent chance the data is random and there is a 95 per cent chance it is due to the independent variable
What does R-squared value tell you?
The % this model explains the outcomes by
What needs to happen to the F-statistic for the test to be valid?
It’s p value needs to be less than 0.05
Talk briefly about multiple regressions versus linear regressions…
Multiple regressions only show a relationship, not causality