Turning a linear regression model into a curve – polynomial regression
In the previous sections, we assumed a linear relationship between explanatory and response variables. One way to account for the violation of linearity assumption is to use a polynomial regression model by adding polynomial terms:
Here, denotes the degree of the polynomial. Although we can use polynomial regression to model a nonlinear relationship, it is still considered a multiple linear regression model because of the linear regression coefficients .
We will now discuss how ...
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