Simple linear regression with One regressor: Inference
3 important questions on Simple linear regression with One regressor: Inference
Interpret the meaning of a 95% confidence interval (2 interpretations)
1. the set of values that cannot be rejected at the 5% significance level; ![]()
2. a set-valued function of the data (an interval that is a function of the data) that contains the true parameter value in 95% of the time in repeated samples.
2. a set-valued function of the data (an interval that is a function of the data) that contains the true parameter value in 95% of the time in repeated samples.
UQ: What does "linear in Y" mean?
Abc
How do we interpret a regression with a binary regressor?
In simple terms: the coefficient is represents the average difference between the 2 groups (denoted with 1 and 0).
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