Instrumental variable is a third variable that estimates causal relationships in the regression analysis when an endogenous variable is present. Instrumental variables are useful when the independent variable in the regression model correlates with the error term in the model.
detection in supervised learning, Supervised learningOutliers are those data points which are distant from the other observations in the data set. They can be either because of the variability in the data set or due to measurement errors.
detection in supervised learning, Supervised learning, trend analysisIn statistics, Generalized Least Squares (GLS) is one of the most popular methods for estimating unknown coefficients of a linear regression model when the independent variable is correlating with the residuals.
detection in supervised learning, Supervised learningSurvival analysis is a method under predictive modeling where the dependent variable is time. Therefore, it involves time-to-event prediction modeling. The methodology is that our outcome variable is time until the occurrence of a certain event.
detection in supervised learning, Supervised learning