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Statistics 101: Linear Regression, Understanding Model Error

Brandon Foltz 108,865 7 years ago
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In this Statistics 101 video, we learn about regression model error. To support the channel and signup for your FREE trial to The Great Courses Plus visit here: http://ow.ly/xVD030fiZ8S Now, this video is the next in my series on simple linear regression and it is an important one. In this video, we're gonna talk about understanding model error. So understanding error in regression is absolutely fundamental and crucial to getting a really deep understanding of what's going on in regression, how we can build better models, and actually understand what the output is telling us when we run regression in Excel or JMP or R, whatever it is, understanding exactly what we're looking at and I'm gonna do that in as visual a manner as possible. There will be a little math in here but nothing difficult. So let's go ahead and get started. So if you are new to Regression or are still trying to figure out exactly what it even IS...this video is for you. So sit back, relax, and let's go ahead and get to work. My playlist table of contents, Video Companion Guide PDF documents, and file downloads can be found on my website: https://www.bcfoltz.com #statistics #regression #machinelearning The Great Courses Plus is currently available to watch through a web browser to almost anyone in the world and optimized for the US, UK, and Australian markets. The Great Courses Plus is currently working to both optimize the product globally and accept credit card payments globally.

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