April 2018
Beginner
238 pages
7h 13m
English
Locally weighted scatterplot smoothing (LOWESS) is a useful mechanism when performing a regression to see a smoothed line drawn through our data. Once accomplished, you are likely to see relationships and possibly forecasts.
While the lowess line does fit the data better than simple regression, it does not appear to be an intuitive relationship as there is just a bump to attempt to line up better between the two groups of data points.