Model Diagnostics and Remedial Measures
About this Course
This course is best suited for individuals who have a technical background in mathematics/statistics/computer science/engineering pursuing a career change to jobs or industries that are data-driven such as finance, retain, tech, healthcare, government and many more. The opportunity is endless. This course is part of the Performance Based Admission courses for the Data Science program. In this course, we will learn what happens to our regression model when these assumptions have not been met. How can we detect these discrepancies in model assumptions and how do we remediate the problems will be addressed in this course. Upon successful completion of this course, you will be able to: -describe the assumptions of the linear regression models. -use diagnostic plots to detect violations of the assumptions of a linear regression model. -perform a transformation of variables in building regression models. -use suitable tools to detect and remove heteroscedastic errors. -use suitable tools to remediate autocorrelation. -use suitable tools to remediate collinear data. -perform variable selections and model validations.Created by: Illinois Tech

Related Online Courses
The TOEFL Preparation courses in this specialization are for those interested in performing their best on the TOEFL iBT test. Whether you have taken the test before, these courses will help you to... more
The first course, Healthcare Marketplace Overview, covers all of the major sub-sectors of the healthcare industry including the physician, hospital, insurer and medical technology markets,... more
This is the second course in the Teach English: Intermediate Grammar specialization. In this course, you will learn how to effectively teach adjectives, adjective phrases, and adjective clauses to... more
Organizations can harness the power of causal inference through randomized field experiments, uncovering the true effects of interventions and enabling data-driven decision-making. In this course,... more
Upon completion this course, learners will obtain the fundamental concepts and practical workings of OpenAI\'s Assistant APIs, enabling them to build intelligent, conversational agents faster than... more