In recent columns we showed how linear regression can be used to predict a continuous dependent variable given other independent variables 1,2. When the dependent variable is categorical, a common ...

This paper describes and contrasts two useful ways to employ a latent class variable as a mixture variable in regression analyses of panel data with a categorical dependent variable. One way is to ...

Linear regression may be the most basic and accessible machine learning (ML) algorithm, but it’s also one of the fastest and most powerful. As a result, professionals in business, science, and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...