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Tag: regression

Assumption Tests for Multiple Linear Regression on Cross-Sectional Data

By Kanda Data / Date Sep 16.2024 / Category Assumptions of Linear Regression

In multiple linear regression analysis using cross-sectional data, there are several assumption tests that must be conducted to obtain the best linear unbiased estimator. It is crucial to understand which assumption tests are required for research utilizing cross-sectional data. This is important because the assumption tests for cross-sectional, time series, and panel data differ in some respects.

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Regression Analysis on Non-Parametric Dependent Variables: Is It Possible?

By Kanda Data / Date Aug 28.2024 / Category Econometrics

In multiple linear regression analysis, the measurement scale of the dependent variable is typically parametric. However, can multiple linear regression analysis be applied to a dependent variable measured on a nominal (non-parametric) scale?

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Understanding the Differences in Using R Squared and Adjusted R Squared in Research

By Kanda Data / Date Aug 27.2024 / Category Multiple Linear Regression

When you choose to use linear regression analysis, it’s essential to master and understand the interpretation of the coefficient of determination. The coefficient of determination is one of the key indicators in linear regression analysis that can be used as a metric to determine the goodness of fit of a regression model.

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Econometrics

How to Interpret the Coefficient of Determination (R-squared) in Linear Regression Analysis

By Kanda Data / Date Sep 28.2023

The coefficient of determination (R-squared) is a statistical metric used in linear regression analysis to measure how well independent variables explain the dependent variable. It indicates the quality of the linear regression model created in a research study.

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Econometrics

Definition and Purpose of Determining Residual Values in Linear Regression Analysis

By Kanda Data / Date Sep 12.2023

In linear regression analysis, residual values play a crucial role. The residual value is the difference between the actual and predicted Y values. The actual Y value can be obtained from observations or samples of the dependent variable.

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