Alas! I found a video I could relate with well when it comes to multiple linear regression. The examples you used gave more clarity. Thanks so much
@tedransom80873 жыл бұрын
Thank you! I finally understood how to interpret the coefficients in a multiple linear regression model.
@tilestats3 жыл бұрын
Great!
@archer905610 ай бұрын
Best channel❤ but underrated .. Simple and intuitive explanation of complex concepts.. ❤
@joyceks18823 жыл бұрын
i've been looking for this example! so clear and well explained. thank you!!!
@tilestats3 жыл бұрын
Thank you!
@DasithDm5 ай бұрын
this video understand more than others.... sooooo thank u and keep it up............... give example is beter way to undestand.... i kindly request videos that realated to Machine Learning 🥰
@sehaj90352 күн бұрын
How did you came up with the new equation, please explain?!
@fazlfazl2346 Жыл бұрын
Great explanation for interaction term. Thank you. One question though. Here you explained the meaning of interaction between a continuous variable and a categoric variable. How can we interpret the interaction when both the terms in the interaction are Continuous variables and when both the terms are Categoric variables?
@MsJaguarundi6 ай бұрын
Why do you change the example midway? You didn't explain how you calculated the equations.
@hopelesssuprem18672 жыл бұрын
thank u for a good explanation
@MarinaOrgino9 ай бұрын
Can I ask... Where did you get that 30.57 and 3.55?
@tilestats9 ай бұрын
Have a look at this video kzbin.info/www/bejne/qpKzp4mvf7uWlaM
@tomgu1893 Жыл бұрын
if I had a category such as car dealer which has more than just two options (so I can't just put 0 and 1) how would I go about incorporating that?
@tomgu1893 Жыл бұрын
say we had dealer a, dealer b and dealer c, where the difference is noticeable between them
@khaingzar31368 ай бұрын
Which software is used to get the equation for model Price = constant + Age.Coefficient + Mileage.Coefficient ?
@tilestats7 ай бұрын
You have to create the equation on your own and then use the software to estimate the parameter values for the equation. I use R but you can use any other statistical software to get the same parameter values.
@SantiagoValdezRoy11 ай бұрын
How is the code “0” or “1” determined? What if you had a third category? Would it be “2”? Only part that I didn’t follow fully.
@tilestats11 ай бұрын
No, then you add an extra term in the equation. If term 1 = 0 and term 2 = 0 it will represent the baseline group(group 1) If term 1 = 1 and term 2 = 0 it will represent group 2, if term 1 = 0 and term 2 = 1, it will represent group 3.
@fazlfazl2346 Жыл бұрын
This is a great video. Does this mean we are actually analyzing men and women differently as we get two different regression lines: one for men and one for women. How will this compare if we run the model stratified by Gender?
@tilestats Жыл бұрын
Yes, men and women are predicted differently by the model because they have separate regression lines.
@dfdfgdfkih2 жыл бұрын
Well explained. Thanks a lot!
@tilestats2 жыл бұрын
Thank you!
@OMARRAFIQUE-oz5td Жыл бұрын
Thank you for this. What if we code Gender as 'M' and 'F' and not 0 and 1. Then at 10.50, it will be 12.9xM and not 12.9x1. Then how can we include 12.9xM in the intercept? What I mean is that 0 and 1 in this case are factors, can we multiply 12.9 with a factor (treating factor as a numeric)? Also we can choose any other number instead of 0 and 1 e.g. 3 and 9. Then in this case the intercepts will be different. So, this seems arbitrary as the Gender intercepts depend on the way we choose the numbers?
@tilestats Жыл бұрын
You should always use 0 and 1 to recode a categorical variable because they represent absent or present. However, if you use a software, it will do this automatically.
@asleyarmelllevado53522 жыл бұрын
do you have the data to to solve the coefficients in your example ?
@tilestats2 жыл бұрын
At minute 2:18, 7:03 and 12:38 you have all the data to reproduce the results, including estimating the coefficients.
@asleyllevado30502 жыл бұрын
I still can't get it where the data is where you calculate the b0 and b1 and b2
@tilestats2 жыл бұрын
I do not show how to calculate the coefficients by hand. I simply plug in the data in a statistical software to compute these. In this video: kzbin.info/www/bejne/qpKzp4mvf7uWlaM I show how to calculate parameters by hand, but only for simple linear regression. For multiple linear regression it is a bit more calculations and I currently do not have a video on that.
@nordanvinden5351 Жыл бұрын
Very good.
@zu1fuqar2 жыл бұрын
but how to cumpute coefficients in multiple regression?
@tilestats2 жыл бұрын
Use a software, or if you must do this by hand I would recommend this page: www.statology.org/multiple-linear-regression-by-hand/ I also have a video on OLS for simple linear regression: kzbin.info/www/bejne/qpKzp4mvf7uWlaM