Linear regression is a powerful and long-established statistical tool that is commonly used across applied sciences, economics and many other fields. Linear regression considers the relationship ...

Correlation vs Regression: Both correlation and regression are two powerful tools of statistics and data analysis used to understand the relationships between variables. However, they serve distinct ...

In the early 1970s, statisticians had difficulty in analysing data where the random variation of the errors did not come from the bell-shaped normal distribution. Besides normality, these traditional ...