Principal Components Analysis Utilizing a stock portfolio data set and the Principal Components Analysis as a method in reducing dimension and as a remedial measure for multicollinearity in Ordinary Least Squares regression. Beginning with the data, we will transform the variables into log values to explain the variation in the log-returns of the stocks and […]
Automated Variable Selection The Amex, Iowa housing data set build has been utilized to develop various iterative regression models to determine the mean sales price of a house based on numerous variables. The variables range correlated, continuous variables to categorical variables. In this installment, we continue building the model using raw categories and later, the […]
Data Variables and Analytical Models Before diving in to a statistical analysis of any dataset, spending the requisite time to understand the data, checking the quality and taking a look ‘under the dash’ is essential. Below, we will examine the data variables and analytical models on a housing prices as a first step in predicting […]
Assessing Regression Models Using Numerous Variables Regression model on the Amex, Iowa housing data set builds regression models for the house sale price with numerous variables. Some of which are highly correlated, continuous variables along to the other side of the continuum by evaluating categorical, low correlated variables. An assessment of each model will be […]