Engineers often: Regress data to a model  Used for assessing theory  Used for predicting  Empirical or theoretical model Use the regression of others.

Slides:



Advertisements
Similar presentations
11-1 Empirical Models Many problems in engineering and science involve exploring the relationships between two or more variables. Regression analysis.
Advertisements

Estimating Total Cost for A Single Product
Applied Econometrics Second edition
Correlation and regression
Regression Analysis Module 3. Regression Regression is the attempt to explain the variation in a dependent variable using the variation in independent.
Regression Analysis Once a linear relationship is defined, the independent variable can be used to forecast the dependent variable. Y ^ = bo + bX bo is.
Definition  Regression Model  Regression Equation Y i =  0 +  1 X i ^ Given a collection of paired data, the regression equation algebraically describes.
Guide to Using Excel For Basic Statistical Applications To Accompany Business Statistics: A Decision Making Approach, 5th Ed. Chapter 15: Analyzing and.
Linear Regression Using Excel 2010 Linear Regression Using Excel ® 2010 Managerial Accounting Prepared by Diane Tanner University of North Florida Chapter.
Regression Analysis Using Excel. Econometrics Econometrics is simply the statistical analysis of economic phenomena Here, we just summarize some of the.
Lecture (14,15) More than one Variable, Curve Fitting, and Method of Least Squares.
Regression Regression: Mathematical method for determining the best equation that reproduces a data set Linear Regression: Regression method applied with.
Chapter Topics Types of Regression Models
Business Statistics - QBM117 Least squares regression.
C82MCP Diploma Statistics School of Psychology University of Nottingham 1 Linear Regression and Linear Prediction Predicting the score on one variable.
Excel Data Analysis Tools Descriptive Statistics – Data ribbon – Analysis section – Data Analysis icon – Descriptive Statistics option – Does NOT auto.
RLR. Purpose of Regression Fit data to model Known model based on physics P* = exp[A - B/(T+C)] Antoine eq. Assumed correlation y = a + b*x1+c*x2 Use.
1 1 Slide Simple Linear Regression Chapter 14 BA 303 – Spring 2011.
1 Doing Statistics for Business Doing Statistics for Business Data, Inference, and Decision Making Marilyn K. Pelosi Theresa M. Sandifer Chapter 11 Regression.
Least-Squares Regression
Introduction to Linear Regression and Correlation Analysis
Relationship of two variables
Statistics for Business and Economics 8 th Edition Chapter 11 Simple Regression Copyright © 2013 Pearson Education, Inc. Publishing as Prentice Hall Ch.
Multiple Linear Regression - Matrix Formulation Let x = (x 1, x 2, …, x n )′ be a n  1 column vector and let g(x) be a scalar function of x. Then, by.
Relation Input Output Function Domain Range Scatter Plot Linear Equation x - intercept y- intercept Slope Rise Run.
Chapter 8: Regression Analysis PowerPoint Slides Prepared By: Alan Olinsky Bryant University Management Science: The Art of Modeling with Spreadsheets,
Stats for Engineers Lecture 9. Summary From Last Time Confidence Intervals for the mean t-tables Q Student t-distribution.
1 Dr. Jerrell T. Stracener EMIS 7370 STAT 5340 Probability and Statistics for Scientists and Engineers Department of Engineering Management, Information.
Regression. Population Covariance and Correlation.
Thomas Knotts. Engineers often: Regress data  Analysis  Fit to theory  Data reduction Use the regression of others  Antoine Equation  DIPPR.
2014. Engineers often: Regress data  Analysis  Fit to theory  Data reduction Use the regression of others  Antoine Equation  DIPPR We need to be.
Sullivan – Fundamentals of Statistics – 2 nd Edition – Chapter 4 Section 2 – Slide 1 of 20 Chapter 4 Section 2 Least-Squares Regression.
9.2A- Linear Regression Regression Line = Line of best fit The line for which the sum of the squares of the residuals is a minimum Residuals (d) = distance.
Regression Lesson 11. The General Linear Model n Relationship b/n predictor & outcome variables form straight line l Correlation, regression, t-tests,
© Copyright McGraw-Hill Correlation and Regression CHAPTER 10.
Regression Analysis Part C Confidence Intervals and Hypothesis Testing
Simple Linear Regression (SLR)
Simple Linear Regression (OLS). Types of Correlation Positive correlationNegative correlationNo correlation.
AP STATISTICS LESSON 14 – 1 ( DAY 1 ) INFERENCE ABOUT THE MODEL.
Ch14: Linear Least Squares 14.1: INTRO: Fitting a pth-order polynomial will require finding (p+1) coefficients from the data. Thus, a straight line (p=1)
Correlation – Recap Correlation provides an estimate of how well change in ‘ x ’ causes change in ‘ y ’. The relationship has a magnitude (the r value)
Basic Statistics Linear Regression. X Y Simple Linear Regression.
^ y = a + bx Stats Chapter 5 - Least Squares Regression
LESSON 6: REGRESSION 2/21/12 EDUC 502: Introduction to Statistics.
Regression Analysis in Microsoft Excel MS&T Physics 1135 and 2135 Labs.
Regression Analysis1. 2 INTRODUCTION TO EMPIRICAL MODELS LEAST SQUARES ESTIMATION OF THE PARAMETERS PROPERTIES OF THE LEAST SQUARES ESTIMATORS AND ESTIMATION.
Introduction to Regression
Chapter 8 Linear Regression. Fat Versus Protein: An Example 30 items on the Burger King menu:
Regression Modeling Applications in Land use and Transport.
Continuous Outcome, Dependent Variable (Y-Axis) Child’s Height
EXCEL DECISION MAKING TOOLS AND CHARTS BASIC FORMULAE - REGRESSION - GOAL SEEK - SOLVER.
Chapter 14 Introduction to Regression Analysis. Objectives Regression Analysis Uses of Regression Analysis Method of Least Squares Difference between.
Simple linear regression and correlation Regression analysis is the process of constructing a mathematical model or function that can be used to predict.
PreCalculus 1-7 Linear Models. Our goal is to create a scatter plot to look for a mathematical correlation to this data.
Regression Analysis AGEC 784.
Linear Regression Special Topics.
Practice. Practice Practice Practice Practice r = X = 20 X2 = 120 Y = 19 Y2 = 123 XY = 72 N = 4 (4) 72.
Multiple Regression.
Linear Regression Prof. Andy Field.
Relationship with one independent variable
CHAPTER 10 Correlation and Regression (Objectives)
Statistical Methods For Engineers
Prediction of new observations
Simple Linear Regression
Relationship with one independent variable
Lesson 2.2 Linear Regression.
Correlation and Regression
Regression Statistics
Warmup A study was done comparing the number of registered automatic weapons (in thousands) along with the murder rate (in murders per 100,000) for 8.
Lesson 2.2 Linear Regression.
Presentation transcript:

Engineers often: Regress data to a model  Used for assessing theory  Used for predicting  Empirical or theoretical model Use the regression of others  Antoine Equation  DIPPR What are uncertainties of regression? Do the data fit the model? What are the errors in the prediction? What are the errors in the parameters? What are uncertainties of regression? Do the data fit the model? What are the errors in the prediction? What are the errors in the parameters?

Two classes for a model  Linear  Non-linear “Linear” refers to parameters, not the dependent variable (i.e. written in matrix form- linear algebra) You can use the Mathcad function “linfit” on linear equations = x 2 x 1 abcabc y parameters are linear x is not linear

Which models can you use linear regression?

Regression- Straight line Y= b 0 + b 1 X Two parameters Practice Open Excel Regression example (1 st order Example) If necessary, add-in the Data Analysis ToolPak Regress the data in Columns B and C- select 95 % confidence and residual plot. You may include data labels but you must select label. Copy the regressed slope and intercept into m and b cells in column H The next slides will help us understand the output

residual (error) “X” data “Y” measured slope Intercept “Y” predicted

residual (error) sum squared error “X” data “Y” data “Y” predicted b 0 = 0.923, b 1 = Number of fitted parameters: 2 for a two-parameter model

A useful statistic but not definitive Tells you how well the data fit the model. It does not tell you if the model is correct. Average measured y value

intercept slope Called standard error in Excel Number of fitted parameters: 2 for a two-parameter model

Confidence Interval on the Prediction Expected Range of Data n  ∞ S Y  0 n  ∞ S Y  σ

Linear regression can be written in matrix form. XY

1.Complete columns D-H in 1 st order example- look at 95% confidence level of data. 2.Complete multiple regression Practice example a)Highlight all x columns for x input b)Note that x data could represent non-linear data such as T, 1/T, T 2, etc. c)Look at regressed parameter associated with x 1 and calculate the 95% confidence. Compare with Excel. d)Select residuals and residual plots. Note that there are two types of residual information: 1) each dependent variable has a residual plot where the x-axis is the data and the y-axis is the residual for the data; 2) the summary output gives a residual for y (actual Y – predicted Y). If desired, you can plot as a function of the # of data points.