It is typically used to visually show the strength of the relationship or correlation between ... This plugin makes calculating a range of statistics very easy. It is not required to chart a linear ...
Simply collecting data is not enough. You can fill spreadsheets with data, but it's useless if you can't act on it. Regression is one of the most powerful statistical tools for finding relationships ...
Successful investing requires the ability to distinguish long-term trends from the short-term noise that moves stock prices on a minute-to-minute basis. One way to tune out the random oscillations and ...
Leslie Kramer is a writer for Institutional Investor, correspondent for CNBC, journalist for Investopedia, and managing editor for Markets Group. Correlation measures the linear relationship between ...
Last month we explored how to model a simple relationship between two variables, such as the dependence of weight on height 1. In the more realistic scenario of dependence on several variables, we can ...
Understanding one of the most important types of data analysis. by Amy Gallo You probably know by now that whenever possible you should be making data-driven decisions at work. But do you know how to ...
Years ago, our firm employed a junior investment analyst who left us for supposedly greener pastures. In his exit interview, he told me he was leaving in part because he was great at picking ...
It only makes sense. I did linear regression in google docs and I did it for python. But what if you neither of those? Can you do it by hand? Why yes. Suppose I take the same data from the pylab ...
A quantitative study is made of the bias in the usual estimate of the linear correlation coefficient and of the relative efficiency of the estimated regression, when a certain type of selective ...