The assumptions of Probit analysis are the assumption of normality and the assumption for linear regression.
In cases wherethe dependent variable can take any numerical value for a given set of independent variables multiple regression is used.But in cases when the dependent variable is qualitative(dichotomous,polytomous)then logistic regression is used.In Multiple regression the dependent variable is assumed to follow normal distribution but in case of logistic regression the dependent variablefollows bernoulli distribution(if dichotomous) which means it will be only0 or 1.
in general regression model the dependent variable is continuous and independent variable is discrete type. in genral regression model the variables are linearly related. in logistic regression model the response varaible must be categorical type. the relation ship between the response and explonatory variables is non-linear.
how can regression model approach be useful in lean construction concept in the mass production of houses
Yes they can.
I want to develop a regression model for predicting YardsAllowed as a function of Takeaways, and I need to explain the statistical signifance of the model.
Simple regression is used when there is one independent variable. With more independent variables, multiple regression is required.
The assumptions of Probit analysis are the assumption of normality and the assumption for linear regression.
In cases wherethe dependent variable can take any numerical value for a given set of independent variables multiple regression is used.But in cases when the dependent variable is qualitative(dichotomous,polytomous)then logistic regression is used.In Multiple regression the dependent variable is assumed to follow normal distribution but in case of logistic regression the dependent variablefollows bernoulli distribution(if dichotomous) which means it will be only0 or 1.
in general regression model the dependent variable is continuous and independent variable is discrete type. in genral regression model the variables are linearly related. in logistic regression model the response varaible must be categorical type. the relation ship between the response and explonatory variables is non-linear.
Regression analysis describes the relationship between two or more variables. The measure of the explanatory power of the regression model is R2 (i.e. coefficient of determination).
Ridge regression is used in linear regression to deal with multicollinearity. It reduces the MSE of the model in exchange for introducing some bias.
how can regression model approach be useful in lean construction concept in the mass production of houses
Simple linear regression is performed between one independent variable and one dependent variable. Multiple regression is performed between more than one independent variable and one dependent variable. Multiple regression returns results for the combined influence of all IVs on the DV as well as the individual influence of each IV while controlling for the other IVs. It is therefore a far more accurate test than running separate simple regressions for each IV. Multiple regression should not be confused with multivariate regression, which is a much more complex procedure involving more than one DV.
An author is most likely to defend her choice of multiple regression statistical techniques in which section of a proposal?
Yes they can.
The F-statistic is a test on ratio of the sum of squares regression and the sum of squares error (divided by their degrees of freedom). If this ratio is large, then the regression dominates and the model fits well. If it is small, the regression model is poorly fitting.