Multiple Regression and Dummy Coding.pptx

Multiple Regression and Dummy Coding.pptx - PREDICT 410...

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PREDICT 410 – Mickelson Individual Session on Multiple Regression and Dummy Coding of Categorical Variables
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Topics for the Session Cause and Effect Multiple Regression Regression on a categorical variable Regression with dummy coded variables Dummy Coding Coefficient Interpretation Interpreting ANOVA and other tables Estimate of Error Variability
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Cause and Effect There are a number of possible explanations for high observed correlations. At a minimum, they are: 1. The explanatory variables is the direct cause of the response variable. 2. The response variable is causing a change in the explanatory variable. 2. The explanatory variable is contributing but not the sole cause of the response variable. 3. Confounding variables may exist. 4. Both variables may result from a common cause. 6. Both variables are changing over time. 7. The association may be nothing more than chance, or coincidence.
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