Regression Modeling and Prediction by Individual Observations versus Frequency

Author:

Lipovetsky Stan1

Affiliation:

1. GfK North America

Abstract

A regression model built by a dataset could sometimes demonstrate a low quality of fit and poor predictions of individual observations. However, using the frequencies of possible combinations of the predictors and the outcome, the same models with the same parameters may yield a high quality of fit and precise predictions for the frequencies of the outcome occurrence. Linear and logistical regressions are used to make an explicit exposition of the results of regression modeling and prediction.

Publisher

Wayne State University Library System

Subject

Statistics, Probability and Uncertainty,Statistics and Probability

Reference25 articles.

1. Regression with Linear Predictors

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5. Linear and Nonlinear Models

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