One of the
most important topics in any course SAS
Training In Pune is the use of regression and its practical application in
various business scenarios. We have identified 7 key types of regression techniques
that present a range of different use cases for different types of problem
solving and various types of variables used in relation to each other.
skilled student of SAS Training In Pune you would know these 7 techniques as below:
- Linear Regression
- Polynomial Regression
- Logistic Regression
- Ridge Regression
- Lasso Regression
- Stepwise Regression
- ElasticNet Regression
question arises for a student of SAS Classroom
Training In Pune – how to determine which regression techniques to use for
which type of business problems. If you are wondering about the same problem
then you are at the right place as you will be likely to find an answer here.
important to choose the best type of regression technique based on the type and
number of dependent and independent variables. Other important characteristics
of making this selection include the dimensionality of data among other key
characteristics of the dataset being analyzed by experts of SAS training Pune.
Here are a
few factors worth considering when working with different options in regression
1 – It is
important to spend time on data exploration. This step should come before
creating the predictive models. Working on data exploration is needed to
ascertain the inter-relationship among variables and their impact on each
2 – Know
about the different types of influencers or success drivers that can impact
your regression analysis. Professionals in SAS
Course Training in Pune can pick from R-square, AIC, BIC, or error term.
Another way is to eliminate bias by comparing the model with other sub-models.
Interested to know of a good step to assess the models used for prediction?
Then try out cross validation. You can separate the dataset into multiple
groups like ‘train’ and ‘validate’. Then employ mean squared difference to the
groups. For students of SAS training Pune, this will give you a precise measure
of the prediction’s accuracy
post, it is made clear for students of SAS
training Pune about which regression technique to apply for which type of
business problem. With this knowledge, you can add substantial value to your
responsibilities and carry out an expert job.