Beyond the Fit: Critical Assumptions of Linear Regression Models
·1 min
Do you think you are done with your linear regression model? Not so fast…
Linear regression is a widely used statistical method for predicting a dependent variable based on one or more independent variables.
Even though it’s a breeze to set up and run a linear regression model (in both R and Python), it’s imperative to remember that the model’s validity and reliability are contingent on meeting several key assumptions.
Let’s talk about them in this post 👇