Multiple linear regression
MULTIPLE LINEAR REGRESSION INTRODUCTION: It is used to estimate the relationship between two or more independent variables and one dependent variable. The independent variables can be continuous ( or) categorical ( dummy coded as appropriate). You can use MULTIPLE LINEAR REGRESSION ; how strong the relationship is between two ( or) more independent variables and one dependent variable the value of dependent variable at certain value of the independent variables . ASSUMPTIONS: It is also same assumptions as simple linear regression Homoscedasticity : the size of the error in our prediction doesn’t change significantly across the values of independent variable. Independence of observations : the observations in the dataset were collected using statistically valid methods and there are no hidden relationship among variables. In multiple LINEAR REGRESSION, it is possible that some of the independent variable are actually correlated with one another , so it is imp...