August 2016
Intermediate to advanced
228 pages
4h 44m
English
Content preview from Introduction to R for Business IntelligenceBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter 4. Linear Regression for Business
Linear regression is a powerful tool that enables the business analyst to perform data analytics and business intelligence. Linear regression is a statistical technique to represent relationships between two or more variables using a linear equation. You can use linear regression to predict an outcome, given some input. This chapter covers five topics that will give you the skills to use this technique in your analyses:
- Understanding linear regression
- Checking model assumptions
- Using a simple linear regression
- Refining data for simple linear regression
- Introducing multiple linear regression
Together, these topics provide a building-block approach to not only teach you the skills to build linear models, but ...
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