Regression Output Explained

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  • Опубліковано 8 лип 2024
  • All videos here: www.zstatistics.com/
    See the whole regression series here:
    • Regression series (10 ...
    It's a long one, but feel free to use the hyperlinks below to skip to the bit of particular interest.
    Intro 0:00
    Dataset described 1:07
    Quick Recap (feel free to skip) 2:43
    ANOVA SECTION 10:05
    SS - sum of squares 11:08
    R-squared 12:29
    df - degrees of freedom 13:43
    MS - mean square 14:20
    F-test 14:36
    p-value 16:04
    SER or Root MSE 16:32
    VARIABLES SECTION 19:19
    Coefficients 20:51
    Standard error 24:33
    t-statistic 25:16
    p-value 26:14
    95% Confidence interval 32:00

КОМЕНТАРІ • 412

  • @HazardousAbacus
    @HazardousAbacus 7 років тому +649

    I'm in an MBA program, and I have to take an online final for Business Analytics tonight. I've been freaking out because over the last few months, the material was presented in a way that I couldn't understand. I just spent an hour studying your Regression videos. Suddenly it all clicks. I CANNOT THANK YOU ENOUGH!!!! My family has a Thanksgiving tradition of going around the table taking turns saying what we're each grateful for this year before the holiday dinner. I swear to god I'm going to tell my family I'm thankful for ZedStatistics!

    • @SirPdog
      @SirPdog 4 роки тому +12

      Haha Zed's a lad godspeed to the man saved more students than he will ever know

    • @Claudia-he6sj
      @Claudia-he6sj 3 роки тому +6

      THIS IS SO CUTE HAHAHAHA Hope all's well

    • @nikigeorgaki3566
      @nikigeorgaki3566 3 роки тому +14

      This is exactly me right now. MBA Student, exam tomorrow. Why can't our teachers explain it so easily? Why they are making it so hard? argghh
      Thank you ZedStatistics!

    • @snehulak9044
      @snehulak9044 2 роки тому +7

      I'm literally studying econometrics and I'm relying on this to get me through my finals. And trust me, if this can't, nothing can.

    • @kaylinfroehlich3293
      @kaylinfroehlich3293 2 роки тому +2

      SAME

  • @danrfletch
    @danrfletch 5 років тому +262

    An entire semester of work that i didn't understand... summed up into a 30 minute video that makes complete sense. Why can't univsersity professors teach like this? Thank you.

    • @nandiphayeko3131
      @nandiphayeko3131 5 років тому +2

      duuuuuuude!!!

    • @univuniveral9713
      @univuniveral9713 4 роки тому +12

      Remember that 1) The more hours your professor puts in, the more he is paid. 2) If they make it too easy, then they are shooting their own market in the foot.

    • @kavyashah327
      @kavyashah327 4 роки тому +9

      it's because professors like to act 'intellectual' to put themselves on an academic high ground. it's an ego trip rather than a learning experience.

    • @univuniveral9713
      @univuniveral9713 4 роки тому +3

      @@kavyashah327 True. Professors want shvool principals and Deans to feel that they are "intellectual" and special. They want their students to worship them. Ego trip. Go figure :-)

    • @jamesdon7578
      @jamesdon7578 4 роки тому +5

      Ha-ha.... You are making 🤣🤣🤣🤣🤣. Most professors wants you to research it by yourself.
      Remember, getting a degree certificate from a university doesn't guarantee success in life. Thank God people like ZedStatistics are willing to share their knowledge for free and UA-cam, Google etc are also free. Stay hungry, stay foolish!

  • @ranjan_v
    @ranjan_v 6 років тому +92

    best stats teacher on youtube

  • @sefakoragormor911
    @sefakoragormor911 2 роки тому +20

    An entire semester of work that I didn't understand... summed up into a 30 minute video that makes complete sense. Very grateful for the explanation.Thank you so much.

  • @kaylakummerlen1589
    @kaylakummerlen1589 4 роки тому +69

    ATTENTION ALL STUDENTS TRYING TO LEARN STATS: Do yourself a favor and watch these videos. Best on UA-cam by far, and definitely better than my professor and textbook (combined)

    • @zedstatistics
      @zedstatistics  4 роки тому +15

      You're my new favourite person.

    • @lalinowl
      @lalinowl 4 роки тому +3

      @@zedstatistics If I'm going to have kids I'll name them after you.

    • @pavankumarkonchada3882
      @pavankumarkonchada3882 3 роки тому +1

      I would agree with this point. I used to hate stat until I came across this channel.

  • @sahandrajabi4267
    @sahandrajabi4267 Рік тому +6

    A semester full of lectures, weeks of surfing the internet for valuable material, and this video wraps everything up in 30 minutes. Thank you so much sir!

  • @Nazeerul_Hazard
    @Nazeerul_Hazard Рік тому +2

    In my statistics class, all I was taught is if the P value is less than 0.05 then the predictor is meaningful. But this video explains all the technical aspects behind this rule. Thanks for this beautiful explanation

  • @muhammadawwalharuna2871
    @muhammadawwalharuna2871 2 роки тому +2

    It's 2022 and this is the best video on regression on YT. Thank you so much.

  • @samuelmorrison8317
    @samuelmorrison8317 6 років тому +5

    Hi Zed, it's 2018, and your series fo regression videos are​ still one of the best out there. finally, regression is beginning to make sense. thanks for the videos.

  • @magdalenamareckova3355
    @magdalenamareckova3355 5 років тому +2

    I can't be more thankful for this video, been struggling for a few days until now! Thank you, thank you!

  • @iceesky
    @iceesky Рік тому +2

    i could not stand to watch 5+ hours of regression lectures i couldnt even understand in class, but i just watched an hour worth of the first three vids in this regression series and immediately understood the lesson! I am so thankful these vids exists for free so I am now able to catch up with the class!

  • @mattagueli7959
    @mattagueli7959 7 років тому +81

    You are the reason I will pass this econometrics test, thank you sir.

    • @dimwit3006
      @dimwit3006 2 роки тому +3

      This was 4 years ago, are you still alive? My metrics exam prep is killing me rn

    • @schluder14
      @schluder14 2 роки тому +1

      @@dimwit3006 haha same lol

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому +1

      Hey I know it's been years, but I just came across your comment and was curious. How did the econometrics test go?

  • @erikabloom
    @erikabloom 4 роки тому +3

    I'm watching a lot of stats videos to supplement a grad course I'm taking. THIS is the best video I've seen on any of the topics I've been trying to learn. You explain things very clearly and with examples that really help with understanding. THANK YOU!!!!

  • @vcello6450
    @vcello6450 4 роки тому +1

    Thank you! Nobody has explained the regression output in such a clear, direct manner!

  • @Muhii89
    @Muhii89 6 років тому +10

    Dude, Thank you very much. Im not a nativ english speaker. you speak clearly. slow. it is understandable. how you explain things. just wow. you safed my ass broski

  • @ahnafislam6004
    @ahnafislam6004 4 роки тому +2

    Your website and UA-cam channel deserves more recognition. Please don't stop!

  • @MrDiakosant
    @MrDiakosant 7 років тому +61

    Maybe the best videos about regression analysis on the Internet! Congratulations, keep up the good work!

  • @rahmaalghafri8057
    @rahmaalghafri8057 4 роки тому +2

    The best video on regression so far! Thank you so much for all the work you put into those sessions.

  • @xsnake627x
    @xsnake627x Рік тому +2

    While I have already graduated with a degree in Finance I struggled with regression and never truly comfortable with it. Now I'm applying for some analysts positions and wanted to review material i wish i would have looked sooner this is explained in a way that is making a lot more sense to me now than when my professor did.

  • @cosibaakpabot7635
    @cosibaakpabot7635 2 роки тому +1

    You are simply the best econometrics teacher i have ever had. Thank you

  • @jacob_he_reads
    @jacob_he_reads 2 роки тому +4

    I am formally trained in methods, and I would absolutely recommend your channel! Excellent teaching.

  • @sudiptasen634
    @sudiptasen634 5 років тому +2

    This is the best explanation I ever have came across till date, always have been looking for this. Thank you very much!

  • @alphar85
    @alphar85 3 роки тому +1

    This is the best statistics explanation I have come across so far on UA-cam. You are amazing man.

  • @ROHITKUMAR-po4lz
    @ROHITKUMAR-po4lz 6 років тому

    One of the best explanation of regression outputs. Highly recommended.

  • @SeanToppi
    @SeanToppi 5 років тому +28

    You have a gift for explaining stats. I was a pretty good student of stats, but as a tutor I'm finding myself tripping up not always being able to explain things clearly on a conceptual level. Your videos are really helping me with that. Thank you!

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому +2

      I'm also a tutor and I feel the exact same way!

  • @nplgwnm
    @nplgwnm 3 роки тому

    This 30 min video resolved all the mysteries I had from the three month stats course I took. Thanks!

  • @SaumilSanghavi
    @SaumilSanghavi 5 років тому +1

    These videos are fantastic for CFA Level 2 Quants. Thank you for explaining it so much better than anybody else.

    • @amhyni
      @amhyni 2 роки тому

      CFA L1 now because of the change in curriculum :D

  • @mohammedemran8626
    @mohammedemran8626 7 років тому +36

    THE best to understand regression...please upload the other ones in series

  • @shafiyogi
    @shafiyogi 7 років тому

    I am on the same boat as Nick Larkin, I can not thank you enough!! Kudos!! I will not even have to see the book anymore!! You are Godsent!!

  • @mistywalters570
    @mistywalters570 5 років тому +3

    This video just allowed me to complete my revisions for Ch 4. THANK YOU!!!!!!

  • @jp1551
    @jp1551 4 роки тому +2

    This video's worth its weight in gold. Thank you!

  • @zuhairnara
    @zuhairnara 2 роки тому

    Dived into a Data Science program recently... your vids are great... made a lot of concepts much easier to understand and digest. Thank you so much.

  • @AlexKashie
    @AlexKashie 2 роки тому +2

    Man thank you so much... You have no idea of the number of classes I took in Statistics and still couldn't understand how to frame the Hypothesis and how to read the output of the regression. Thank you so much, you are a Star. I will share this playlist with my classmates
    Cheers

  • @derekkan9429
    @derekkan9429 4 роки тому +2

    You have absolutely done a great job in explainings these concepts. Really appreciate your effort! Thanks man!

  • @rahuldas9580
    @rahuldas9580 4 роки тому +5

    I started reading econometrics a few days back and today for the first time I used software programme Gretl. This video of yours made all my doubts clear and I am so confident now with these values in the regression output. I thank you from the bottom of my heart for this. Keep up the great work :) !!

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому

      I know it's been years, but I was just curious. How did the class end up going?

  • @dileepsathyan9001
    @dileepsathyan9001 4 роки тому +1

    This is an eye opening video for me as I was staring at these numbers since a long time.
    Thank you so much for making this video and sharing your knowledge!!

  • @KnowledgeClass.
    @KnowledgeClass. 5 років тому +2

    Best video ever!!!! You are officially my Professor. MANY THANKS

  • @ingridsyme805
    @ingridsyme805 7 років тому +3

    Thank you for producing great content and making complex statistical concepts looking simple.

  • @edojaprosper5239
    @edojaprosper5239 7 років тому

    This is regression analysis made easy. You've just demystified my nightmare on this subject matter. Thanks a whole lot

  • @bineethapbose337
    @bineethapbose337 4 роки тому

    presenetations are so precise and insightful. No professesors whom I met so far was this much clear and vivid. thank you ZedStatistics..

  • @rohitekka2674
    @rohitekka2674 3 роки тому

    Can't thank you enough for putting out this creation. Its a life saver TBH.

  • @dpahadsingaiml7890
    @dpahadsingaiml7890 Рік тому +3

    Thank you Zed ! You are the BEST. I was struggling to understand the regression output for past few weeks. But then I accidentally saw this awesome video. I am going to go through all your videos now. Also I am going to recommend your website to all my friends and colleagues who are into data science. Thank you and God bless you.

  • @FaisalArshadGhani
    @FaisalArshadGhani 7 років тому

    I couldn't find a better explanation for regression. Excellent.

  • @sashpatra88
    @sashpatra88 4 роки тому

    I have seen many regression stats videos but this one is one of the best statistics video I have ever come across. As I am learning ML now , it is very important for me to understand statistics to do the models better. Your explanation is super awesome "zedstatistics" . Thank you so so so much ...

  • @tusharyadav7066
    @tusharyadav7066 4 роки тому

    Hey @zedstatistics! I have stumbled upon your video and I can surely say that this is the best explanation I have seen explaining each and every section of the output so clearly. Blown away thinking it was that simple. Great work ! God bless you!! Love

  • @MrSupernova111
    @MrSupernova111 7 років тому

    Nice video! One of the most informative and organized vis on UA-cam regarding regressions.

  • @shrikantlandage7305
    @shrikantlandage7305 4 роки тому

    I was searching this from past 4-5 days...U explained it Thank U sir

  • @shushKUNT
    @shushKUNT 4 роки тому

    clearly put a lot of thought and effort in to this video and how to explain this in a clear and comprehensible way. thanks a lot

  • @aditiupadhyay8601
    @aditiupadhyay8601 2 роки тому

    @zedstatistics you are a gift to mankind

  • @josi1041
    @josi1041 5 років тому +7

    This Video is so well explained!! I am so happy that you made everything clear to me !! Thank you so much ! :)

  • @melikekaraca8399
    @melikekaraca8399 4 роки тому

    Thank you so much! I am enlightened in each of your regression videos! I've been taking advanced stat but I've never got how and why we find these equations! Thanks!

  • @brewedscript1014
    @brewedscript1014 4 роки тому

    your explanation is crystal clear

  • @mukammedalimbet2351
    @mukammedalimbet2351 3 роки тому

    This is just a perfect explanation. It could not be any better. Thank you

  • @rukiakameel6244
    @rukiakameel6244 3 роки тому

    I'm doing my Master's and this has helped a bunch! Thank you so much!!

  • @joseandrestabaresbermudes3599
    @joseandrestabaresbermudes3599 2 роки тому +1

    I'm on my last semesters of economics, finance and marketing and thanks to your videos i'm starting to fall in love with the subjects again. great examples and amazing teacher, good work!

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому

      How are things turning out as the semester winds down?

  • @jayadevkrishnatheeram4617
    @jayadevkrishnatheeram4617 2 роки тому

    You are super. I could understand the basics of regression ONLY from your videos. I can't Thank you enough.

  • @chrisk6120
    @chrisk6120 6 років тому +5

    Hi, I am currently writing my master thesis, which contains empirical analysis. This video helped me a lot to understand the regression outputs I am producing in my work. You made a perfekt video explaining the regression output. I can not thank you enough!

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому

      I know it's been years, but how did your thesis end up going?

  • @ryanmaki323
    @ryanmaki323 7 років тому +3

    Thank you for these 3 videos, they are a big help in my Master's program classes!

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому

      How'd your Master's end up going?

  • @StoicMind17
    @StoicMind17 4 роки тому

    You sir are doing a great service to humanity. 👍

  • @NatHarwood
    @NatHarwood 4 роки тому +2

    Thank you. Really helpful for interpreting the output of regression coefficients, which I've been left to do completely on my own so this video is much appreciated and made perfect sense

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому +1

      I know it's been years, but how did your class and exams end up going?

  • @rahulghorui1460
    @rahulghorui1460 5 років тому

    Superb video..................you made me understand stuff in 30 min..................which I struggled with for an entire year..............

  • @amonoracheal9118
    @amonoracheal9118 4 роки тому +1

    This is more than amazing, zedstatistics performs statistical miracles!!! .....thank you:)

  • @Beomene
    @Beomene Рік тому

    You make everything so easy to follow.

  • @typicaljonathan5909
    @typicaljonathan5909 3 роки тому

    Thank you so much. I have been struggling with interpreting regression outputs but i learnt so much more in this video than i learnt the whole semester from my university professor. #5yearsLater!!!

  • @ngoctuhugo
    @ngoctuhugo 6 років тому

    Best explanation ever. Thank you for these helpful videos.

  • @wenyange2607
    @wenyange2607 Рік тому

    A very helpful video. It significantly improved my understanding of the subject. Thank you very much for making it.

  • @user-bm1kx9cw7u
    @user-bm1kx9cw7u Рік тому

    Your video is much better than our statistics lectures in Graduate program!!!THANK YOU!!!

  • @sheebee8398
    @sheebee8398 7 років тому

    Thank you very much! You have shown how powerful and important diverse
    approaches and perspectives are to growing community knowledge. After
    all, why were we given a diverse approach in the first place? You were
    given yours to help us understand and grow.

  • @meizhuchen9653
    @meizhuchen9653 2 роки тому

    I thought statistics was not an easy subject when I was a student. Very thanks for your video so I can extract again the related knowledge outline so easily. Appreciate your explanation, it is the best!

  • @abhishekojha6382
    @abhishekojha6382 Рік тому

    Amazing video. Explained all things in a clear and detailed manner. I am sure I will return to this whenever I have a doubt about interpreting the output. Thank you so much for creating these amazing videos. Cheers!

  • @elizabethingram9784
    @elizabethingram9784 Рік тому

    You deserve a gold medal for this video. Super helpful. :)

  • @l.w.8313
    @l.w.8313 2 роки тому

    amazing explaination. was looking for smth like this for a while now

  • @aishwaryak4090
    @aishwaryak4090 3 роки тому

    Your explanation of this concept is amazing!

  • @ericgottlieb9988
    @ericgottlieb9988 7 років тому

    I wish you posted these videos in 2014 when I was first going trough my college stats class. It is great to have though for my graduate studies!

  • @AndiSylafeta
    @AndiSylafeta 3 місяці тому

    I have browsed through the web for econometrics, but stumbled across the same uncoordinated theoretical blabbering everywhere I went. Except your channel. You can truly simplify the notions and theory into visualization and practicality.
    “If you can't explain it to a six year old, you don't understand it yourself.”
    ― Albert Einstein

  • @peshawasalih8784
    @peshawasalih8784 3 роки тому

    Your videos are really resourceful and precious... Thank you.

  • @zemichaelseltan1719
    @zemichaelseltan1719 3 роки тому

    Thanks a lot. Outstanding and in-depth presentation.

  • @jianingwang8509
    @jianingwang8509 3 роки тому

    omgg thank you sooo much!!! This is what i have been looking for!! (I am an international business undergraduate who is writing bachelor thesis, but have never had the chance to understand ecometrics during past years of study lol) Thank you!

  • @nitimohan1
    @nitimohan1 3 роки тому

    You are the best teacher for statistics. Big fan of you

  • @ahyungrocks5509
    @ahyungrocks5509 2 місяці тому

    This is great. Going to have a job interview next week, part of the job is data analytic which I haven't had a clue despite I took graduate level engineering statistics twenty years ago. Thank you so much!

  • @amnmaa.1842
    @amnmaa.1842 5 років тому

    Thank you so very much! your indeed one in a million. I wish all instructors were like you. But, Hey you're best!

  • @haojiepuang6136
    @haojiepuang6136 4 роки тому

    The best video explained. Appreciate it.

  • @hayvankanal6941
    @hayvankanal6941 3 роки тому

    Thank you so much for your videos!! They are such a huge help to understand these concepts in an understandable manner!

  • @bhargavtalreja9867
    @bhargavtalreja9867 2 роки тому

    Brilliantly Explained

  • @cafrasinei
    @cafrasinei Рік тому

    Thanks for making statistics understandable and less boring.

  • @josephokonofua4289
    @josephokonofua4289 3 роки тому

    I paid close to $2200 for this class and it was a 5 credit one. I didn't learn shit. Then I found this video. God bless you

  • @hsoley
    @hsoley 3 роки тому

    This is pure gold

  • @shivampardeshi9977
    @shivampardeshi9977 2 роки тому

    I would literally pay for this content, not joking. this guy should be in Harvard or Cambridge, seriously. He has ability to break even hardest concepts to simplicity and make students understand.

  • @vikrantkamble1421
    @vikrantkamble1421 3 роки тому

    I liked it...really taught in a simple way...excellent.

  • @Scrungge
    @Scrungge Рік тому

    Wow best lecture on this stuff out there!

  • @bakashabagilbert5616
    @bakashabagilbert5616 Рік тому

    sir you are very good at what you do good work i finally understand these concepts

  • @ContessaCavalier
    @ContessaCavalier 2 роки тому

    Your explanations are amazing 👏

  • @chrisisah8006
    @chrisisah8006 3 роки тому

    This is a very helpful explanation for interpreting regression outputs. Many thanks for providing this lessons

  • @caraxkins
    @caraxkins 5 років тому +3

    i’m working on my econ capstone paper and this is very helpful! the output looks exactly like STATA’s output which is what i’m looking at.

    • @zedstatistics
      @zedstatistics  5 років тому

      YEP! It actually was from STATA. By the time it came to record the video I'd forgotten where I created it!

  • @indranujpathak9413
    @indranujpathak9413 3 роки тому

    Brilliant explanation

  • @hmtnhk
    @hmtnhk Рік тому

    Fantastic explanation. Thank you

  • @rejithmadhavan5735
    @rejithmadhavan5735 Рік тому

    Hello Justin, this is superb explanation. It really gives you a sense of confidence in the subject. Best wishes and Thanks.

  • @personal-dg4ku
    @personal-dg4ku 7 років тому +3

    best video !!!!! EVER!!! thanx

  • @najmulsharkar9641
    @najmulsharkar9641 3 роки тому

    Best Regression Output explained. Keep it up Sir.

  • @kristingraham251
    @kristingraham251 7 років тому

    Thank you for making that so easy to understand. And great to be listening to an Aussie accent for once.