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This 1 page Class Notes was uploaded by Andre Sõstar on Sunday August 23, 2015. The Class Notes belongs to MH3510 at Nanyang Technological University taught by TBA in Summer 2015. Since its upload, it has received 106 views. For similar materials see REGRESSION ANALYSIS in Applied Mathematics at Nanyang Technological University.
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Date Created: 08/23/15
MH3510 Regression Analysis Nanyang Technological Univeristy Instructor Pan Guangming notes Andre Sostar 16082015 1 Introduction Regression analysis1 is a statistical methodology that allows to study the relation between quantitative variables with the use of other variables data known before Such an analysis is used in many different areas like medicine business social sciences etc Examples 1 Predicting the cholesterol level of the next patient on a given set of cholesterol levels 2 Finding out the price change of stock market investors are interested in the relation of time and price A lot of different techniques are used under recession analysis such as linear regression ordinary least squares regression etc The performance of analysis depends mostly on the data set It is always important to have suf ciently large data set and correct date collected otherwise predictions or relations found out might not be correct 1 https enwikipediaorgwiki Regressionanalysis 1