Regression is a very powerful statistical analysis. It allows you to isolate and understand the effects of individual variables, model curvature and interactions, and make predictions. Regression analysis offers high flexibility but presents a variety of potential pitfalls. Great power requires great responsibility!
In this post, I offer five tips that will not only help you avoid common problems but also make the modeling process easier. I’ll close by showing you the difference between the modeling process that a top analyst uses versus the procedure of a less rigorous analyst. [Read more…] about Five Regression Analysis Tips to Avoid Common Problems