Statistics 350 Lecture 15. Today Last Day: More matrix results and Chapter 5 Today: Start Chapter 6.

Slides:



Advertisements
Similar presentations
11-1 Empirical Models Many problems in engineering and science involve exploring the relationships between two or more variables. Regression analysis.
Advertisements

Topic 12: Multiple Linear Regression
 Population multiple regression model  Data for multiple regression  Multiple linear regression model  Confidence intervals and significance tests.
6-1 Introduction To Empirical Models 6-1 Introduction To Empirical Models.
11 Simple Linear Regression and Correlation CHAPTER OUTLINE
Probabilistic & Statistical Techniques Eng. Tamer Eshtawi First Semester Eng. Tamer Eshtawi First Semester
Simple Regression. Major Questions Given an economic model involving a relationship between two economic variables, how do we go about specifying the.
Definition  Regression Model  Regression Equation Y i =  0 +  1 X i ^ Given a collection of paired data, the regression equation algebraically describes.
Statistics for the Social Sciences
Statistics 350 Lecture 16. Today Last Day: Introduction to Multiple Linear Regression Model Today: More Chapter 6.
Lecture 23: Tues., April 6 Interpretation of regression coefficients (handout) Inference for multiple regression.
Statistics 350 Lecture 14. Today Last Day: Matrix results and Chapter 5 Today: More matrix results and Chapter 5 Please read Chapter 5.
CHAPTER 4 ECONOMETRICS x x x x x Multiple Regression = more than one explanatory variable Independent variables are X 2 and X 3. Y i = B 1 + B 2 X 2i +
Statistics 350 Lecture 23. Today Today: Exam next day Good Chapter 7 questions: 7.1, 7.2, 7.3, 7.28, 7.29.
Chapter 4 Multiple Regression. 4.1 Introduction.
Statistics 350 Lecture 11. Today Last Day: Start Chapter 3 Today: Section 3.8 Mid-Term Friday…..Sections ; ; (READ)
MATH408: Probability & Statistics Summer 1999 WEEKS 8 & 9 Dr. Srinivas R. Chakravarthy Professor of Mathematics and Statistics Kettering University (GMI.
1 Chapter 1 Introduction Ray-Bing Chen Institute of Statistics National University of Kaohsiung.
11-1 Empirical Models Many problems in engineering and science involve exploring the relationships between two or more variables. Regression analysis.
IE-331: Industrial Engineering Statistics II Spring 2000 WEEK 1 Dr. Srinivas R. Chakravarthy Professor of Operations Research and Statistics Kettering.
Statistics 350 Lecture 17. Today Last Day: Introduction to Multiple Linear Regression Model Today: More Chapter 6.
Lecture 5: Simple Linear Regression
Forecasting Outside the Range of the Explanatory Variable: Chapter
Simple Linear Regression Analysis
Chapter 6 (cont.) Regression Estimation. Simple Linear Regression: review of least squares procedure 2.
Correlation & Regression
Section Copyright © 2014, 2012, 2010 Pearson Education, Inc. Lecture Slides Elementary Statistics Twelfth Edition and the Triola Statistics Series.
Statistics for the Social Sciences Psychology 340 Fall 2013 Correlation and Regression.
Multiple Linear Regression. Purpose To analyze the relationship between a single dependent variable and several independent variables.
Thomas Knotts. Engineers often: Regress data  Analysis  Fit to theory  Data reduction Use the regression of others  Antoine Equation  DIPPR.
Multiple Regression and Model Building Chapter 15 Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
1 Multiple Regression A single numerical response variable, Y. Multiple numerical explanatory variables, X 1, X 2,…, X k.
1 11 Simple Linear Regression and Correlation 11-1 Empirical Models 11-2 Simple Linear Regression 11-3 Properties of the Least Squares Estimators 11-4.
Simple Linear Regression. The term linear regression implies that  Y|x is linearly related to x by the population regression equation  Y|x =  +  x.
CHAPTER 5 Regression BPS - 5TH ED.CHAPTER 5 1. PREDICTION VIA REGRESSION LINE NUMBER OF NEW BIRDS AND PERCENT RETURNING BPS - 5TH ED.CHAPTER 5 2.
Statistics for Business and Economics 8 th Edition Chapter 11 Simple Regression Copyright © 2013 Pearson Education, Inc. Publishing as Prentice Hall Ch.
Chapter 10: Determining How Costs Behave 1 Horngren 13e.
Stat 112 Notes 6 Today: –Chapter 4.1 (Introduction to Multiple Regression)
Essentials of Business Statistics: Communicating with Numbers By Sanjiv Jaggia and Alison Kelly Copyright © 2014 by McGraw-Hill Higher Education. All rights.
Correlation and Regression Chapter 9. § 9.2 Linear Regression.
Chapter 4 Minitab Recipe Cards. Correlation coefficients Enter the data from Example 4.1 in columns C1 and C2 of the worksheet.
Statistics 350 Lecture 13. Today Last Day: Some Chapter 4 and start Chapter 5 Today: Some matrix results Mid-Term Friday…..Sections ; ;
Statistics 350 Lecture 2. Today Last Day: Section Today: Section 1.6 Homework #1: Chapter 1 Problems (page 33-38): 2, 5, 6, 7, 22, 26, 33, 34,
1 Simple Linear Regression Example - mammals Response variable: gestation (length of pregnancy) days Explanatory: brain weight.
Introduction Many problems in Engineering, Management, Health Sciences and other Sciences involve exploring the relationships between two or more variables.
1 Objective Given two linearly correlated variables (x and y), find the linear function (equation) that best describes the trend. Section 10.3 Regression.
Stat 112 Notes 8 Today: –Chapters 4.3 (Assessing the Fit of a Regression Model) –Chapter 4.4 (Comparing Two Regression Models) –Chapter 4.5 (Prediction.
ELEC 413 Linear Least Squares. Regression Analysis The study and measure of the statistical relationship that exists between two or more variables Two.
Lecture Slides Elementary Statistics Twelfth Edition
The simple linear regression model and parameter estimation
11-1 Empirical Models Many problems in engineering and science involve exploring the relationships between two or more variables. Regression analysis.
Lecture #26 Thursday, November 17, 2016 Textbook: 14.1 and 14.3
Reasoning in Psychology Using Statistics
ENM 310 Design of Experiments and Regression Analysis
Regression Chapter 6 I Introduction to Regression
Cautions about Correlation and Regression
Regression Analysis PhD Course.
Regression Models - Introduction
Prediction of new observations
Simple Linear Regression
Simple Linear Regression
Interpretation of Regression Coefficients
Multiple Linear Regression
Regression and Categorical Predictors
Statistics 350 Lecture 18.
Cases. Simple Regression Linear Multiple Regression.
Introductory Statistics Introductory Statistics
Chapter 14 Multiple Regression
Linear Regression Analysis 5th edition Montgomery, Peck & Vining
Regression Models - Introduction
Presentation transcript:

Statistics 350 Lecture 15

Today Last Day: More matrix results and Chapter 5 Today: Start Chapter 6

Multiple Regression So far, have consider only the simple linear regression model The simple linear regression model has only one predictor variable (X) It is rare to have a single explanatory variable in a study A more complex model can frequently help in prediction and explaining the system variability

Multiple Regression Suppose observe Y and also two explanatory variables: Model: Goal:

Multiple Regression Example (Stolen from Tom Loughin): One problem with any long surgery is a tendency for the patient's hemoglobin levels to fall. Since hemoglobin carries oxygen around the bloodstream, it is important that hemoglobin levels be maintained to aid the patient's recovery. Eight male patients with thyroid cancer were entered into a study in which their thyroids were to be removed. The length of surgery and total blood loss were recorded immediately following the procedure. Their hemoglobin levels were recorded 24 hours before and 24 hours after the operation, and the percent change was recorded.

Multiple Regression The goal of the study was to develop a regression equation which could be used to predict hemoglobin losses of future thyroidectomy patients. (Indeed, shortly following the study there were two new patients on whom the regression equation could be used.) Model:

Multiple Regression Notation:

Multiple Regression Estimation of model parameters:

Multiple Regression Fitted Values and Residuals: