Statistics 101: Linear Regression, Prediction Interval Bands

Описание: In this Statistics 101 video, we calculate prediction interval bands in regression. To support the channel and signup for your FREE trial to The Great Courses Plus visit here: http://ow.ly/xVD030fiZ8S

So this video is the next in my series on simple linear regression. And this video is about prediction interval bands. So in the previous video, we talked about confidence interval bands. This one is about prediction interval bands. So remember confidence interval bands are about the mean value of the dependent variable at a given value of the independent variable. This is about individual predictions. So we're gonna have two different bands on our graph. One's confidence intervals, that was the previous video, this one is about prediction intervals.

So if you are new to Regression or are still trying to figure out exactly what it even IS...this video is for you. Sit back, relax, and let's go ahead and get to work.

My playlist table of contents, Video Companion Guide PDF documents, and file downloads can be found on my website: https://www.bcfoltz.com

#statistics #regression #machinelearning

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