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 ...

Forbes contributors publish independent expert analyses and insights. Rachel Wells is a writer who covers leadership, AI, and upskilling. For the next four years, big data analytics is expected to be ...

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Generally speaking, there are two types of outcomes (i.e. response) in statistical analysis: continuous and categorical responses. Linear Models (LM) are one of the most commonly used statistical ...