Simple regression Flashcards
1
Q
Simple regression
A
- how well predictor value predicts outconr
- measures how one unit increase in X impacts change in Y
2
Q
Equation
A
Y=b0 + b1X1 + error
(perfect line) + error
3
Q
Regression line
A
- Used to predict the best fitting straight line through the data by minimizing distance between all data points
- tells us slope (direction and degree) and intercept (line intercepts Y axis)
- better than using mean
4
Q
Output
A
- model summary: R and R2 (0-1)
- coefficients table: beta values (model parameters)
- ANOVA: model fit (SST3 = SSM1 (variance explained) + SSR2 (error in model))
5
Q
model is greater than mean if
A
SSM is greater than SSR (error)
6
Q
Statistics
A
- Correlation coefficient (R): standardized measure of relationship strength (0-+1)
- Coefficient of determination (R2): proportion of variance explained by model
- Beta coefficient (b1): slope (change in outcome for one unit change in predictor
- Intercept (b0): what is Y when X = 0