If you have experience with R or want a quick way to generate a regression with statsmodels using a pandas DataFrame, you can use R-style formulas. First, you need to import statsmodels and its ...

Implement Linear Regression in Python from Scratch ! In this video, we will implement linear regression in python from scratch. We will not use any build in models, but we will understand the code ...

Sankhyā: The Indian Journal of Statistics, Series B (1960-2002), Vol. 62, No. 3 (Dec., 2000), pp. 433-447 (15 pages) This paper discusses an econometric technique based on optimal control theory which ...

Businesspeople need to demand more from machine learning so they can connect data scientists’ work to relevant action. This requires basic machine learning literacy — what kinds of problems can ...

Polynomials are commonly used in linear regression models to capture nonlinearities in explanatory variables. It is less common, however, that polynomials are used to shift the regression coefficients ...

“The statistician knows...that in nature there never was a normal distribution, there never was a straight line, yet with normal and linear assumptions, known to be false, he can often derive results ...

The fundamental technique has been studied for decades, thus creating a huge amount of information and alternate variations that make it hard to tell what is key vs. non-essential information.