Linear regression with R

Linear regressions are traditional statistical models. Regressions are meant to understand how two or more variables are related and/or to make predictions. Taking limitations into account, regressions may answer questions such as: How does the National Product respond to government expenditure in the short run? or What should be the expected revenue for next year?

Of course, there are drawbacks. An obvious one is that linear regression is only meant to grasp linear relations. Plotting variables ahead may give you hints on linearity—sometimes, you can turn things around with data transformation. Note that a relation does not necessarily imply causation.

A strong relation (correlation) could also result from coincidence ...

Get Hands-On Data Science with R now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.