Daily Dose 030 | Probability and Statistics
How can you solve Linear Regression problems faster?
Why is it important to know how to solve Linear Regression problems faster?
Welp, every system we deal with as engineers gets implemented into a complex web of elements having variable inputs and outputs –
All of which, have a direct impact how our designs operate holistically in a real-life context.
At Prepineer, we believe it’s important for all engineers to be well versed in using predictable analysis as a tool for designing reliably safe and optimized systems that better the communities around us.
In this video, we dive into a FE Exam Practice Problem in the subject of ENGINEERING PROBABILITY & STATISTICS, specifically learning how to hack a LEAST SQUARES LINEAR REGRESSION LINE.
Specifically, we will be showing you how you can solve LINEAR REGRESSION problems faster using your NCEES Approved Calculator.
Now we show you how to speed things up using your Casio FX115es Plus.
What is LEAST SQUARES LINEAR REGRESSION?
In Engineering Probability and Statistics, we can deploy the method of LEAST SQUARES as a standard approach in our REGRESSION ANALYSIS, or LINEAR REGRESSION ANALYSIS.
REGRESSION ANALYSIS results in a single regression equation where the coefficients represent the relationship between each independent variable and the dependent variable.
With a REGRESSION EQUATION defined, we are able to approximate and make predictions of how our dependent variable will be affected by the independent variables.
So how can you solve Linear Regression problems faster?
Check out the video and see how we can go about solving this type of problem in the most efficient manner.
As always, with Love, Prepineer
How to solve Linear Regression problems faster
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