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21:41
YouTube
Stats4Everyone
Multiple Linear Regression Example using Indicator Variable, Find LSE using Matrices & Excel Toolpak
Here is the link to this data: Source: https://www.kaggle.com/mirichoi0218/insurance When you have categorical variables that you want to include in a multiple linear regression model, you need to create indicator variables. In this video i show how to create those indicator variables. Additionally, I use matrices to find the least squares ...
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