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from Part I - Turning Regression Inside Out
Published online by Cambridge University Press: 21 March 2024
Chapter 2 introduces the logic, basic mathematics, and some of the benefits of turning regression inside out in the context of Ordinary Least Squares (OLS) regression. We do this through an in-depth reimagining of a classic analysis of the effects of welfare state spending on poverty. The chapter introduces novel techniques for regression decomposition, data visualization, and geometric data analysis.
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