Discover how econometricians use math and statistics to analyze and predict economic trends, serving in finance and academia ...

Last month we explored how to model a simple relationship between two variables, such as the dependence of weight on height 1. In the more realistic scenario of dependence on several variables, we can ...

The goal of a machine learning regression problem is to predict a single numeric value. For example, you might want to predict an employee's bank account balance based on age, height, annual income, ...

Logistic regression is a powerful statistical method that is used to model the probability that a set of explanatory (independent or predictor) variables predict data in an outcome (dependent or ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...