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ISYE 6414 - Midterm 1 Prep Questions and Answers If λ=1 - Answer️️ -we do not transform non-deterministic - Answer️️ -Regression analysis is one of the simplest ways we have in statistics to investigate the relationship between two or more variables in a ___ way random - Answer️️ ...

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  • September 13, 2024
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ISYE 6414 - Midterm 1 Prep Questions and
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©SOPHIABENNETT 9/2/24 2024/2025 ACADEMIC YEAR

,ISYE 6414 - Midterm 1 Prep Questions
and Answers

If λ=1 - Answer✔️✔️-we do not transform


non-deterministic - Answer✔️✔️-Regression analysis is one of the simplest ways we have

in statistics to investigate the relationship between two or more variables in a ___ way

random - Answer✔️✔️-The response variable is a ___ variable, because it varies with

changes in the predicting variable, or with other changes in the environment

fixed - Answer✔️✔️-The predicting variable is a ___ variable. It is set fixed, before the

response is measured.

simple linear regression - Answer✔️✔️-regression analysis involving one independent

variable and one dependent variable in which the relationship between the variables is

approximated by a straight line

Multiple Linear Regression - Answer✔️✔️-A statistical method used to model the

relationship between one dependent (or response) variable and two or more

independent (or explanatory) variables by fitting a linear equation to observed data

polynomial regression - Answer✔️✔️-a regression model which does not assume a linear

relationship; a curvilinear correlation coefficient is computed (we can think of X and X-

squared as two different predicting variables)

three objectives in regression - Answer✔️✔️-1) Prediction

2) Modeling

Page 1 of 23

, 3) Testing hypothesis

Prediction - Answer✔️✔️-We want to see how the response variable behaves in different

settings. For example, for a different location, if we think about a geographic prediction,

or in time, if we think about temporal prediction

Modeling - Answer✔️✔️-modeling the relationship between the response variable and the

explanatory variables, or predicting variables

Testing hypotheses - Answer✔️✔️-of association relationships

useful representation of reality - Answer✔️✔️-We do not believe that the linear model

represents a true representation of reality. Rather, we think that, perhaps, it provides a

___

β0 - Answer✔️✔️-intercept parameter (the value at which the line intersects the y-axis)

β1 - Answer✔️✔️-slope parameter (slope of the line we are trying to fit)

epsilon (ε) - Answer✔️✔️-is the deviance of the data from the linear model

to find β0 and β1 - Answer✔️✔️-to find the line that describes a linear relationship, such

that we fit this model.

simple linear regression data structure - Answer✔️✔️-pairs of data consisting of a value

for the response variable,and a value for the predicting variable. And we have n such

pairs

modeling framework for the simple linear regression: - Answer✔️✔️-1) identifying data

structure

2) clearly stating the model assumptions

linear regression assumptions - Answer✔️✔️-1) linearity

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