What is the Variance Inflation Factor (VIF)?
Learn how Variance Inflation Factor (VIF) detects multicollinearity in regression models for better data analysis.
Linear Regression
What is the Dummy Variable Trap?
Escape the Dummy Variable Trap: Learn About Dummy Variables, Their Purpose, the Trap’s Consequences, and how to detect it.
What is the R-squared?
Introduction to R-Squared: Learn its Significance, Calculation, Limitations, and Practical Use in Regression Analysis.
What is the Ridge Regression?
Exploring Ridge Regression: Benefits, Implementation in Python and the differences to Ordinary Least Squares (OLS).