Week 2 Flashcards
What is a regression?
A regression is an approach for modelling the relationship between a DV and one or more IVs.
What is a linear regression?
This is when the DV is quantitative and it is used to model the relationship between a quantitative DV and one or more IVs
What is a linear probability model or LLogistic regression?
When the DV is qualitative / binary
So what’s the different in the objective of findings for when the regression is observational vs experimental?
When looking at observational data, the regression uncovers patterns of association.
When looking at experimental data, the regression is used to estimate the causal effect
Simple vs multiple linear regression?
Simple -> 1 IV
Multiple -> 2+ IVs
What is the error term in a regression model?
It is a catch-all term for what we miss with the simple model. It includes all other factors that can affect the DV
What is the residual?
The difference between the actual value and the predicted value. IT captures all factors or variations in the DV that are not explained by the IV
What is the kind of effect for a IV when there are multipl
it has a partial effect on the DV
So what does the intercept coefficient mean in a regression equation?
it is the average value of y when x=0, the baseline level of y when x has no influence
What is the slope coefficient?
The expected difference in y corresponding to one unit different in x
What is the different in interpretation for slope coefficient for observational data vs experimental data?
Experimental -> slope is interpreted as the causal effect of x on y
Observational -> slope coefficient shows the association or expected difference in y for a one unit difference in x