Linear Regressions with StatsModels

In this video I'll show how to create Linear Regressions with StatsModels. We'll explore the awesome datasets provided by StatsModels. I'll also be showing how to work through 2 examples using a combination of NumPy, Pandas, Matplotlib, StatsModels and Seaborn.

We'll explore whether a professors rating has anything to do with how attractive they are. Also we'll explore how to get bigger tips.

I will be covering TensorFlow in detail over the next few weeks.

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#Python #DataScience #StatsModels

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THANK YOU TO MY PATREON SUPPORTERS LIKE :

[bobjohnson]

this is gold, i dont think anyone makes as simple tutorials as you

[wjrasmussen]

Derek, the vast amount of knowledge you have is impressive!

[ballingchampagne]

You shouldn't have substituted the std error value of 0.262 for the coefficient of x1, but rather the eval coefficient of 0.2687 because that is what our independent variable is. Let me know if there is something wrong with what I have said.

[taqi]

Thanks Derek, but I really wait for calculus and linear algebra in one video

[ezrarod]

Dear Derek, thanks so much for this video.

[kajros]

It was very helpful to watch, just one comment: Usually y is the dependent variable, so your variable names in the beginning are the wrong way around. In this case it does not matter because it was only one independent variable, but technically speaking you tried to estimate the effect of evaluation results on beauty there The same later on (total_bill got explained by tip), which is why I imagine it didnt work with binary variables.

[cvino]

easy to follow along and good content as well

[yuanshengshe-rjvc]

can someone tell me why I am adding a column of 1 to X?

[jameelabduljalil]

Thank you Derek!
You're awesome !!
Is there any non-linear regression tutorial?

[lazarusrevolution]

can you please make tutorial a bout scapy in python

[munyingipatrick]

can you use this for multivariate linear regression?

[JamalRomero]

Thanks for this intro to linear regression. I think "sex" and "smoker" didn't work because of their "categorical" nature as opposed to other "numerical" predictors.

[Apfelloch]

Sooo... "Expressions" or "Regressions" now?

[derekbanas]

MY UDEMY COURSES ARE 87.5% OFF TIL April 26th ($9.99)