Tag Archives: trend

Regression Fantasies

Common Reasons for Doubting a Regression Model Finding a model that fits a set of data is one of the most common goals in data analysis. Least squares regression is the most commonly used tool for achieving this goal. It’s … Continue reading

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Regression Fantasies: Part III

Is Your Regression Model Telling the Truth? There are many technologies we use in our lives without really understanding how they work. Television. Computers. Cell phones. Microwave ovens. Cars. Even many things about the human body are not well understood. … Continue reading

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Regression Fantasies: Part I

Five Common Reasons for Doubting a Regression Model Finding a model that fits a set of data is one of the most common goals in data analysis. Least squares regression is the most commonly used tool for achieving this goal. … Continue reading

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You’re Off to Be a Wizard

The process of developing a statistical model (https://statswithcats.wordpress.com/2010/12/04/many-paths-lead-to-models/) involves finding the mathematical equation of a line, curve, or other pattern that faithfully represents the data with the least amount of error (i.e., variability). Variability and pattern are the yin and … Continue reading

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Secrets of Good Correlations

If you’ve ever seen a correlation coefficient, you’ve probably looked at the number and wondered, is that good? Is a correlation of -0.73 good but not a correlation of +0.58? Just what is a good correlation and what makes a … Continue reading

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Fifty Ways to Fix your Data

Fifty Ways to Fix your Data (Sing to the tune of “Fifty Ways to Leave Your Lover” by Paul Simon) The problem is all about your scales, she said to me The R-squares will be better if you’ve matched ’em … Continue reading

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Purrfect Resolution

No matter what their area of expertise, statisticians are asked certain questions with such predictability that it borders on the deterministic. No question is asked more often than: How many samples do I need? Most statisticians wish they could answer … Continue reading

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