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Linear Regression

Linear Regression

Modeling the relationship between independent (XX) and dependent (YY) variables.

Simple Linear Model

Yj=α+βXj+ϵjY_j = \alpha + \beta X_j + \epsilon_j where errors ϵjN(0,σ2)\epsilon_j \sim N(0, \sigma^2).

Least Squares

We find the line y=a+bxy = a + bx that minimizes the Sum of Squared Errors (SSE).

Inference in Regression

We can test if the relationship is real (Test of Utility): H0:β=0H_0: \beta = 0 If rejected, XX provides significant predictive power for YY.

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All Chapters in this Book

Lesson 1

Basic Concepts

Foundational mathematical framework for probability, including definitions, axioms, conditional probability, and Bayes' Theorem.

Lesson 2

Sampling and Repeated Trials

Models based on repeated independent trials, focusing on Bernoulli trials and sampling methods.

Lesson 3

Discrete Random Variables

Formalizing random variables, probability mass functions, and independence.

Lesson 4

Summarizing Discrete Random Variables

Deriving numerical characteristics—expected value, variance, and standard deviation—to summarize behavior of discrete random variables.

Lesson 5

Continuous Probabilities and Random Variables

Transitioning from discrete sums to continuous integrals, density functions, and key distributions like Normal and Exponential.

Lesson 6

Summarising Continuous Random Variables

Extending expected value and variance to continuous variables, exploring Moment Generating Functions and Bivariate Normal distributions.

Lesson 7

Sampling and Descriptive Statistics

Transitioning from probability to statistics: using sample data to estimate population parameters like mean and variance.

Lesson 8

Sampling Distributions and Limit Theorems

The theoretical foundations of inference: Joint Distributions, Weak Law of Large Numbers (WLLN), and geometrical convergence via the Central Limit Theorem (CLT).

Lesson 9

Estimation and Hypothesis Testing

The core of statistical inference: Method of Moments, Maximum Likelihood, Confidence Intervals, and Hypothesis Testing.

Lesson 10

Linear Regression

Modeling linear relationships, least squares, and regression inference.

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