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Multiple Regression Models and Nonparametric Statistics

This document introduces multiple regression models, which allow a dependent variable to be influenced by multiple independent variables simultaneously. It discusses that in business and economic problems, the dependent variable is usually affected by several independent variables at once rather than just one. As an example, the quantity demanded of a commodity depends on not only its own price but other factors. The document also mentions it will cover multiple linear regression models, assumptions, nonparametric tests, goodness of fit tests, and examples.

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Nazmul Huda
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9 views

Multiple Regression Models and Nonparametric Statistics

This document introduces multiple regression models, which allow a dependent variable to be influenced by multiple independent variables simultaneously. It discusses that in business and economic problems, the dependent variable is usually affected by several independent variables at once rather than just one. As an example, the quantity demanded of a commodity depends on not only its own price but other factors. The document also mentions it will cover multiple linear regression models, assumptions, nonparametric tests, goodness of fit tests, and examples.

Uploaded by

Nazmul Huda
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Multiple regression models and nonparametric statistics

Introduction
The estimation techniques for two variables linear regression models are already discussed.
In two variables regression model, we assumed that the dependent variable is influenced by
only one independent variable at a certain point of time or at a certain situation. However, in
most of the business and economic problems, it will be very difficult to find any example in
which dependent variable is influenced only by one independent variable. In most of the
business and economic problems, the dependent variable is influenced by a number of
independent variables at the same time or at a certain situation.
For example, in case of demand function, quantity demanded of a commodity not only
depends on price of that

multiple regressions, multiple liner regression models along with basic assumptions.
Nonparametric tests, tests of goodness of fit, other important nonparametric tests along with
theoretical and practical examples and interpretations.

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