I have a problem where I need to standardize the variables run the (ridge regression) to calculate the ridge estimates of the betas. I then need to convert these back to the original variables scale.

It is expected that if a model is perfect, the unexplained variation in y should be 0 and thereby the intercept should be zero. In a regression model where the intercept is negative implies that the model …

Aug 1, 2013 · Note that one perspective on the relationship between regression & correlation can be discerned from my answer here: What is the difference between doing linear regression on y with x …

I was wondering what difference and relation are between forecast and prediction? Especially in time series and regression? For example, am I correct that: In time series, forecasting seems to mea...

Mar 27, 2023 · Regression results are typically estimated based upon parametric Student's t distribution parameters and typically regression, especially from poorly matched to the data regression models, …

Also, for OLS regression, R^2 is the squared correlation between the predicted and the observed values. Hence, it must be non-negative. For simple OLS regression with one predictor, this is equivalent to …

A quick question: Is "residual standard error" the same as "residual standard deviation"? Gelman and Hill (p.41, 2007) seem to use them interchangeably.

Dec 23, 2016 · A good residual vs fitted plot has three characteristics: The residuals "bounce randomly" around the 0 line. This suggests that the assumption that the relationship is linear is reasonable. The …

What statistical tests or rules of thumb can be used as a basis for excluding outliers in linear regression analysis? Are there any special considerations for multilinear regression?

another way of thinking about the n-2 df is that it's because we use 2 means to estimate the slope coefficient (the mean of Y and X) df from Wikipedia: "...In general, the degrees of freedom of an …