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.
Code is Here : github.com/derekbanas/StatsMo...
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Пікірлер: 30

  • @bobjohnson1407
    @bobjohnson14072 жыл бұрын

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

  • @wjrasmussen666
    @wjrasmussen6662 жыл бұрын

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

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    Thank you :) It is just what I do for a living. Anyone could learn this stuff if I did

  • @ezrarod
    @ezrarod2 жыл бұрын

    Dear Derek, thanks so much for this video.

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    I'm happy you liked it :) I'll do my best to start covering machine learning with TensorFlow next week

  • @cvino0618
    @cvino06187 ай бұрын

    easy to follow along and good content as well

  • @jameelabduljalil25
    @jameelabduljalil25 Жыл бұрын

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

  • @ballingchampagne
    @ballingchampagne Жыл бұрын

    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.

  • @caseytilton2957

    @caseytilton2957

    Жыл бұрын

    I'm also interested in a reply to this. I immediately caught this too but I want to make sure I'm not misinterpreting something.

  • @derekbanas
    @derekbanas2 жыл бұрын

    MY UDEMY COURSES ARE 87.5% OFF TIL April 26th ($9.99) www.udemy.com/ ➡ Python Data Science Series for $9.99 : Highest Rated & Largest Python Udemy Course + 55 Hrs + 200 Videos + Data Science bit.ly/Master_Python_29 ➡ New C++ Programming Bootcamp Series for $9.99 : Over 23 Hrs + 53 Videos + Quizzes + Graded Assignments + New Videos Every Month bit.ly/C_Course_29

  • @munyingipatrick5550
    @munyingipatrick55502 жыл бұрын

    can you use this for multivariate linear regression?

  • @taqi5675
    @taqi56752 жыл бұрын

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

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    I'll see what I can do. Linear algebra is very doable. Calculus would be a very long video

  • @didierleprince6106
    @didierleprince61062 жыл бұрын

    un grand merci (:

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    C'est un plaisir pour moi d'aider

  • @lazarusrevolution
    @lazarusrevolution2 жыл бұрын

    can you please make tutorial a bout scapy in python

  • @kajros
    @kajros6 ай бұрын

    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.

  • @yuanshengshe-rj3vc
    @yuanshengshe-rj3vc Жыл бұрын

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

  • @mrrishiraj88
    @mrrishiraj882 жыл бұрын

    Greetings, Derek Banas

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    Thank you for checking out my video :)

  • @ArwaAlnajashi
    @ArwaAlnajashi Жыл бұрын

    Inventory analysis please

  • @JamalRomero
    @JamalRomero2 жыл бұрын

    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.

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    Yes that is most definitely true. I could have gotten them to work, but I thought it didn't matter that much

  • @swiadomy1

    @swiadomy1

    2 жыл бұрын

    @@derekbanas from real life examples - it does not matter what model are you choosing if you are an expert you can combine enough compexity and at least moderate results. Or if you are black boxing you do not care what model is. There is no such rule that catrgorical variables will not be predictive. In general education, wealth, family status, age, gender, Credit score, location are preferable

  • @Apfelloch
    @Apfelloch2 жыл бұрын

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

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    Regressions, sorry if I said expressions at some point?

  • @Apfelloch

    @Apfelloch

    2 жыл бұрын

    @@derekbanas Psshht, the title of the video says "Expressions" 🤫

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    That's funny :D I'll fix it

  • @yeasp
    @yeasp2 жыл бұрын

    Exclusiveshiv is me

  • @derekbanas

    @derekbanas

    2 жыл бұрын

    Thank you so much for stopping by my livestream :) Normally I don't have technical difficulties. I greatly appreciate it!