Tag Archives: coefficient of determination

Regression Fantasies: Part I

Five Common Reasons for Doubting a Regression Model Finding a model that fits a set of data is one of the most common goals in data analysis. Least squares regression is the most commonly used tool for achieving this goal. … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , | 4 Comments

Secrets of Good Correlations

If you’ve ever seen a correlation coefficient, you’ve probably looked at the number and wondered, is that good? Is a correlation of -0.73 good but not a correlation of +0.58? Just what is a good correlation and what makes a … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , | 36 Comments