Application of multivariate regression analysis
This article explores the concept of multivariate regression analysis along with discussing its assumptions and relevance.
data analysis and conclusion, regression analysisWhy is it important to test heteroskedasticity in a dataset?
Heteroskedasticity refers to the state of systematic changes in the spread of residuals or the error term of the model. The presence of heteroskedasticity leads to violation of the assumption of the ordinary least square.
regression analysis, research data analysis, research methodologyWhy conduct a multicollinearity test in econometrics?
A multicollinearity test helps to diagnose the presence of multicollinearity in a model. Multicollinearity refers to a state wherein there exists inter-association or inter-relation between two or more independent variables.
regression analysis, research data analysisHow to test normality statistically?
Data scientists strictly prefer to test normality and work on normally distributed data because of its benefits.
regression analysis, research data analysisHow to work with a moderating variable in the regression test with SPSS?
Influencing or control variables are said to be a moderating variable and the effect of these interactions is represented as an interaction effect
analyse with SPSS, regression analysis, research data analysisHow to work with a mediating variable in a regression analysis?
When the linkage between 2 variables exists through a middle variable. This middle variable is referred to as a mediating variable.
regression analysis, research data analysisHow to process the primary dataset for a regression analysis?
Regression analysis signifies the extent of the relationship between the dependent and independent variables.
regression analysis, research data analysisWhat is the relevance of significant results in regression analysis?
Regression analysis is the statistical measurement which helps in linking the variables and determining the strength of the relationship between them.
regression analysis, research data analysis