OLS regression
Regression is a common statistical technique used to allow one to ascertain if a relationship exists between a dependent variable that is of interest with one or more independent variables, and goes a step further to predict this dependent variable of interest with past data. This Final Year Project...
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| Format: | Final Year Project |
| Language: | English |
| Published: |
2011
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| Online Access: | http://hdl.handle.net/10356/45591 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Regression is a common statistical technique used to allow one to ascertain if a relationship exists between a dependent variable that is of interest with one or more independent variables, and goes a step further to predict this dependent variable of interest with past data. This Final Year Project (FYP) approaches regression through understanding the method to come out with a validated regression model, and finally this is utilized on a real-life scenario with a person’s income as the dependent variable of interest. Thereafter, the results are presented with suggestions on further improvement. |
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