Hello Friends,
From this video, we are going to learn the next important tool in Regression Analysis, that is, Multiple Regression. This is a widely used tool in the Analyze phase to see the relationship between predictors and response.
Therefore, I am going to explain this important tool with the help of a practical example in Minitab for easy understanding and better clarity.
Multiple regression is used to see the impact of multiple variables, predictors, or factors on a single response.
If the number of predictors is large, then before fitting a regression model with all the predictors, you should use stepwise or best subsets model-selection techniques. These techniques are used to screen out predictors that are not associated with the responses.
This video contains the following topics:
• What is Multiple Regression?
• Data considerations for Multiple Regression
• Example of Multiple Regression
• What is the Best Subsets Regression?
• Best Subsets Regression with Practical Example in Minitab
• Detailed interpretation of results from Best Subsets Regression
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