Regression analysis

Least square principle

 The Least Squares Regression Line

researcher decides that variable X is an independent variable that has some influence on a dependent variable Y.

* Observed values
Least square criterion: minimize the sums of the squares of the errors of prediction

Suppose there are n observed data points (Xi,Yi) i=1,2…….n

One example:

The following data is expected to follow linear regression. Determine the fit parameters by linear regression:

X 0.9 2.3 3.3 4.5 5.7 6.7 8

Y 1.1 1.6 2.6 3.2 4 5 6
Best fit: goodness of fit

The Basis for R2

Ex. R2=0.9285, This means that 92.85% of the total variation in...
explained statistically on the basis of variation