Skip to content

Residual plot for model diagnostic

Assessing assumptions like linearity, constant variance, error independence, and normal residuals is essential for linear regression. Residual plots visually assess the model’s goodness of fit, identifying patterns and influential data points. This post provides the Python & R codes for the residual plot

Simple Linear Regression & Least square method

Simple linear regression is a statistical method to model the relationship between two continuous variables, aiming to predict the dependent variable based on the independent variable. The regression equation is Y = a + bX, where Y is the dependent variable, X is the independent variable, a is the intercept, and b is the slope. The method of least squares minimizes the sum of squared residuals to find the best-fitting line coefficients.

Model ensembling

Model ensembling combines multiple models to improve overall performance by leveraging diverse data patterns. Bagging trains model instances on different data bootstraps, while Boosting corrects errors sequentially. Stacking combines models using a meta-model, and Voting uses majority/average predictions. Ensembles reduce variance without significantly increasing bias, but may complicate interpretation and computational cost.

error: Content is protected !!