LINEAR REGRESSION MODULE

Regression analysis is a technique for using data to identify relationships among variables and use these relationships to make predictions. We will be studying linear regression, in which we assume that the outcome we are predicting depends linearly on the information used to make the prediction. Most economic forecasts are based on regression models. The methods used are more advanced than what we cover, but we can consider a simplified version. Consider the problem of predicting growth of the economy in the next quarter. Some of the relevant factors in such a prediction might be last quarter’s growth, this quarter’s growth, the index of leading economic indicators, total factory orders this quarter, aggregate wholesale inventory levels, etc.

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The dropbox folder contains exercises, research papers and industry cases that will be covered in linear regression.

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                     is a coding software for statistical computing.  Download here.

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                    is a free, open-source, software. Download here.         

         

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I have a blog titled review of different softwre packages.