GrahamsBenjamins Newsletter

GrahamsBenjamins Newsletter

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GrahamsBenjamins Newsletter
GrahamsBenjamins Newsletter
The Line of Best Fit

The Line of Best Fit

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Grahams Benjamins
May 17, 2022
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GrahamsBenjamins Newsletter
GrahamsBenjamins Newsletter
The Line of Best Fit
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The Line of Best Fit

Like any analysis, regression analysis has strengths and weaknesses in its predictive power. While being easy to understand and implement, spurious correlations abound, particularly being a problem in larger datasets. Of course, there are caveats such as using adjusted R2, checking the T-stat and the residuals. But more than that, on…

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