Section 3
Regression
Book
Version 1
By Boundless
By Boundless
Boundless Statistics
Statistics
by Boundless
4 concepts
Predictions and Probabilistic Models
Regression models are often used to predict a response variable
A Graph of Averages
A graph of averages and the least-square regression line are both good ways to summarize the data in a scatterplot.
The Regression Method
The regression method utilizes the average from known data to make predictions about new data.
The Regression Fallacy
The regression fallacy fails to account for natural fluctuations and rather ascribes cause where none exists.