This document provides an overview of regression analysis, including linear and multiple regression. It defines regression analysis as predicting an outcome variable from one or more predictor variables. Linear regression predicts the outcome from one predictor, while multiple regression uses two or more predictors. The document outlines the key assumptions of both linear and multiple regression models and provides examples of how they can be applied in various domains like medicine, biology, management, and education.
A researcher in attempting to run a regression model noticed a neg.docxevonnehoggarth79783
A researcher in attempting to run a regression model noticed a negative beta sign for an explanatory variable when s/he was expecting a positive sign based on theoretical considerations. What advice would you give to the researcher as to what is going on and what specific diagnostics would you look at? Explain conceptually and statisticallythe different ways you cancorrect for this problem.
Reason
One of the most common and important reasons for such situations is the existence of multicollinearity. Multicollinearity can happen if some of the independent variables are highly correlated to each other or to another variable that is not in the model.
Multicollinearity also has other symptoms such as
· Large variance for regression coefficients
· Non-significant individual coefficients while the general model is significant
· Change of marginal contributions depending on the variables in the model
· Large correlation coefficients in the correlation matrix of variables
It should however be noted that the general model can preserve its predictive ability and it is only the explanatory power that is lost
Before going to the solutions and measures the researcher can take it is wise to take a step back and see the underlying reason for the multicollinearity. An extreme case where two variables are identical gives the best understanding of problem
In this case we are trying to define y as a function of and while in reality . Therefore any linear combination of and is replaceable by infinite other linear combinations (ie )
It is simply understandable that while the y is predicted correctly in all the instances individual coefficients for and are meaningless.
Diagnosis
One of the most common diagnoses for multicollinearity is the variance inflation factor (VIF)
Where
And is the coefficient of multiple determination of regression of on other variables
The variance inflation factor therefore determines how much the variance of each coefficient inflates. when equals zero VIF equals 1 which suggests zero multicollinearity heuristic is that any value of VIF larger than 10 is alerting and a case of strong multicollinearity exists.
Solution
s
There are a few solutions for the multi Collinearity problem:
1- Ignoring the problem completely is possible for cases where we only care about the final model fit and prediction capability rather than individual coefficients and explanation power
2- Removing some of the correlated variables from the model, this can be justified since we can argue the effect of variable is however seen by similar highly correlated variables that are kept in the model
3- Principle component analysis (or any orthogonal transformation) can reduce the number of factors to a few orthogonal factors with no collinearity; however we should note that the interpretation of variables after a PC transformation is hard.
4- For cases where we intend to keep all the variables in the model without any major transformation, the Ridge regr.
This lecture will help Research scholars at the starting of their research issues regarding definitions of variables, what is theory and creating a sapling map..
Application of Univariate, Bivariate and Multivariate Variables in Business R...Sundar B N
In this ppt you can find the materials relating to Application of Univariate, Bivariate and Multivariate Variables in Business Research. Also What is Variable, Types of Variables, Examples of Independent Variables, Examples of Dependent Variables, Common techniques used in univariate analysis include, Common techniques used in bivariate analysis include, Common techniques used in Multivariate analysis include, Difference B/w Univariate, Bivariate & Multivariate Analysis
Data Processing and Statistical Treatment: Spreads and CorrelationJanet Penilla
A hyperlinked presentation. The objectives of the topic were written. The presentation was started with the variance and then the standard deviation provided with examples. It also answers on when to use the sample standard deviation and the population standard deviation or what type of data should we use when we calculate a standard deviation. The presentation also includes Correlations and other correlation techniques(Pearson-product moment correlation; Spearman - rank order correlation coefficient; t-test for correlation).
A researcher in attempting to run a regression model noticed a neg.docxevonnehoggarth79783
A researcher in attempting to run a regression model noticed a negative beta sign for an explanatory variable when s/he was expecting a positive sign based on theoretical considerations. What advice would you give to the researcher as to what is going on and what specific diagnostics would you look at? Explain conceptually and statisticallythe different ways you cancorrect for this problem.
Reason
One of the most common and important reasons for such situations is the existence of multicollinearity. Multicollinearity can happen if some of the independent variables are highly correlated to each other or to another variable that is not in the model.
Multicollinearity also has other symptoms such as
· Large variance for regression coefficients
· Non-significant individual coefficients while the general model is significant
· Change of marginal contributions depending on the variables in the model
· Large correlation coefficients in the correlation matrix of variables
It should however be noted that the general model can preserve its predictive ability and it is only the explanatory power that is lost
Before going to the solutions and measures the researcher can take it is wise to take a step back and see the underlying reason for the multicollinearity. An extreme case where two variables are identical gives the best understanding of problem
In this case we are trying to define y as a function of and while in reality . Therefore any linear combination of and is replaceable by infinite other linear combinations (ie )
It is simply understandable that while the y is predicted correctly in all the instances individual coefficients for and are meaningless.
Diagnosis
One of the most common diagnoses for multicollinearity is the variance inflation factor (VIF)
Where
And is the coefficient of multiple determination of regression of on other variables
The variance inflation factor therefore determines how much the variance of each coefficient inflates. when equals zero VIF equals 1 which suggests zero multicollinearity heuristic is that any value of VIF larger than 10 is alerting and a case of strong multicollinearity exists.
Solution
s
There are a few solutions for the multi Collinearity problem:
1- Ignoring the problem completely is possible for cases where we only care about the final model fit and prediction capability rather than individual coefficients and explanation power
2- Removing some of the correlated variables from the model, this can be justified since we can argue the effect of variable is however seen by similar highly correlated variables that are kept in the model
3- Principle component analysis (or any orthogonal transformation) can reduce the number of factors to a few orthogonal factors with no collinearity; however we should note that the interpretation of variables after a PC transformation is hard.
4- For cases where we intend to keep all the variables in the model without any major transformation, the Ridge regr.
This lecture will help Research scholars at the starting of their research issues regarding definitions of variables, what is theory and creating a sapling map..
Application of Univariate, Bivariate and Multivariate Variables in Business R...Sundar B N
In this ppt you can find the materials relating to Application of Univariate, Bivariate and Multivariate Variables in Business Research. Also What is Variable, Types of Variables, Examples of Independent Variables, Examples of Dependent Variables, Common techniques used in univariate analysis include, Common techniques used in bivariate analysis include, Common techniques used in Multivariate analysis include, Difference B/w Univariate, Bivariate & Multivariate Analysis
Data Processing and Statistical Treatment: Spreads and CorrelationJanet Penilla
A hyperlinked presentation. The objectives of the topic were written. The presentation was started with the variance and then the standard deviation provided with examples. It also answers on when to use the sample standard deviation and the population standard deviation or what type of data should we use when we calculate a standard deviation. The presentation also includes Correlations and other correlation techniques(Pearson-product moment correlation; Spearman - rank order correlation coefficient; t-test for correlation).
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Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
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The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
5. Pearson Correlation- measures the strength
of relationship between variables
Independent Samples t-Test- use to
compare two sample means from unrelated groups
(different people providing scores from each group)
Paired Samples t-Test- compare the means
of two variables for a single group
7. CORRELATION
(non-modelling approach)
Is there a significant correlation/ relationship between
variable 1 and variable 2?
EXAMPLE
Does students’ time spent in studying
significantly correlate with their exam
performance?
11. REGRESSION ANALYSIS
(modelling approach)
EXAMPLE
Does students’ locus of hope significantly
predict/ affect/ influence social well-being?
Social Well-Being = a + b (Locus of Hope);
where a = constant, b = regression coefficient
17. In contrast to correlation analysis
which does not indicate directionality of
effects, the regression analysis
assumes that the independent
variable has an effect on the
dependent variable.
20. CAUSAL ANALYSIS
MEDICINE:
Has the body weight an influence on the blood cholesterol level?
BIOLOGY:
Does the oxygen level in water stimulate plant growth?
MANAGEMENT:
Does customer satisfaction influence loyalty?
21. CAUSAL ANALYSIS
PSYCHOLOGY:
Is anxiety influenced by personality traits?
EDUCATION:
Does NCAE mathematical ability significantly predict college
admission test results?
22. FORECAST VALUES
MEDICINE:
With X cigarettes smoked per day, the life expectancy is Y years.
BIOLOGY:
Five additional weeks of sunshine the sugar concentration in vine
grapes will rise by X%
EDUCATION:
With X rating on COT, IPCR rating will be Y.
23. PREDICTING TRENDS
MEDICINE:
By how many years does the life expectancy decrease for every additional
pound overweight?
BIOLOGY:
With every additional week of sunshine the sugar concentration in vine
grapes will rise by Y%.
EDUCATION:
How does expectancy-value towards STEM affect the academic
performance?
24. Regression analysis is a
way of predicting an
outcome variable
(criterion) from one
predictor variable (linear
regression) or several
predictor variables
(multiple regression).
25. We fit a model to our data
and use it to predict
values of the dependent
variable from one or more
independent variables.
26. METHODS OF LEAST SQUARES
The goal is to determine the line of
best fit which is also called least
squares regression line.
29. LINEAR REGRESSION
• Next step after correlation
• It is used when we want to predict the value of a
variable based on the value of another variable
• The variable we want to predict is called the
Dependent Variable (Outcome Variable); while, the
variable we are using to predict the other variable’s
value is called the Independent Variable (Predictor
Variable).
30. EXAMPLE
You could use multiple regression to understand
whether exam performance can be predicted
based on revision time
whether cigarette consumption can be
predicted based on smoking duration
31. SEVEN ASSUMPTIONS FOR LINEAR REGRESSION
1. The dependent variable should be measured at the continuous
level
2. The independent variable should also be measured at the
continuous level
3. There needs to be a linear relationship between two variables
4. There should be no significant outliers
5. You should have independence of observations
6. The data needs to show homoscedasticity
7. Normally Distributed
32. Assumption #1
The dependent variable
should be measured at the
continuous level.
Either Interval
Variable or Ratio
Variable
Example of Continuous Variables: Time (measured in hours),
Intelligence (measured using IQ scores), exam performance
(measured from 0 to 100), Weight (measured in kilogram)
35. Assumption #4
There should be no
significant outliers.
Observed data point that has
a dependent variable value
that is very different to the
value predicted by the
regression equation
A point on a scatterplot
that is far away from the
regression line indicating
that it has large residual
OUTLIERS
37. Assumption #6
The data needs to show
homoscedasticity.
The variances along the line of best fit
remain similar as you move along the
line
HOMOSCEDAS
TICITY
39. EXAMPLE
A salesperson for a large car brand wants to determine
whether there is a relationship between an individual’s
income and the price they pay for a car. As such, the
individual’s “income” is the independent variable and
the “price” they pay for a car is the dependent variable.
The salesperson wants to use this information to
determine which cars to offer potential customers in
new areas where average income is known.
40. MULTIPLE REGRESSION
• Extension of simple linear regression
• It is used when we want to predict the value of a
variable based on the value of two or more other
variables
• The variable we want to predict is called the
Dependent Variable (Outcome Variable); while, the
variables we are using to predict the value of the
dependent variable are called the Independent
Variables (Predictor Variables).
41. EXAMPLE
You could use multiple regression to understand
whether exam performance can be predicted
based on revision time, test anxiety, lecture
attendance, and gender
whether daily cigarette consumption can be
predicted based on smoking duration, age when
started smoking, smoker type, income and
gender.
42. EIGHT ASSUMPTIONS FOR MULTIPLE REGRESSION
1. The dependent variable should be measured at the continuous level
2. There are two or more independent variables, which can be either
continuous (i.e. interval or ratio) or categorical (ordinal or nominal)
3. You should have independence of observations
4. There needs to be a linear relationship between two variables
5. There should be no significant outliers
6. You should have independence of observations
7. The data needs to show homoscedasticity
8. Datamust not show multicollinearity.
43. Assumption #8
Data must not show
multicollinearity
MULTICOLLINEARITY
Occurs when you have two or more independent
variables that are highly correlated with each other
This leads to a problem with understanding which
independent variable contributes to the variance
explained in the dependent variable, as well as technical
issues in calculating multiple regression model.
44. EXAMPLE
A health researcher wants to be able to predict the level of individuals’
fitness and health. Normally, to perform this procedure requires expensive
laboratory equipment and necessitates that an individual exercise to their
maximum (i.e., until they can longer continue exercising due to physical
exhaustion). This can put off these individuals who are not very active/fit
and those individuals who might be at higher risk of ill health (e.g.. older
unfit subjects). For these reasons, it has been desirable to find a way of
predicting an individuals’ fitness and health based on attributes that can be
measured more easily and cheaply. To this end, a researcher recruited 100
participants to perform a maximum level, but also recorded their “age”,
“weight”, “heart rate”, and “gender”.
45. REFERENCES
The basics of REGRESSION ANALYSIS by Starr Clyde
L. Sebial, PhD
https://statistics.laerd.com/spss-tutorials/linear-
regression-using-spss-statistics.php
https://statistics.laerd.com/spss-tutorials/multiple-
regression-using-spss-statistics.php