Ordinary linear regression (OLR) assumes that response variables are continuous. Generalized Linear Models (GLMs) provide an extension to OLR since response variables can be continuous or discrete ...
The traditional linear transformation model assumes a linear relationship between the transformed response and the covariates. However, in real data, this linear relationship may be violated. We ...
Discover what exponential growth is, learn how it differs from other growth types, and explore real-life examples like compounding interest and population growth.
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