Stop 04 · Statistics for AnalystsTopics · 9/11

Regression Basics

Part of the Data Analyst Roadmap

In short

A statistical method for modeling the relationship between a dependent variable and one or more predictors — the simplest form of 'predicting' a number from other numbers.

How to learn this

  1. 1Plot a simple scatter plot and fit a line by eye before learning the formal method.
  2. 2Learn to interpret a regression coefficient in plain language.
  3. 3Understand R-squared as 'how much variance this model explains', roughly.

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