Chances are, you will recognize this business model: a small-business owner signs a new client, hires more people to serve the client and, in the end, finds that the new revenue the client has ...
Many response variables are handled poorly by regression models when the errors are assumed to be normally distributed. For example, modeling the state damaged/not damaged of cells after treated with ...
Linear models, generalized linear models, and nonlinear models are examples of parametric regression models because we know the function that describes the relationship between the response and ...
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