The purpose of this assignment is to create a one-page poster that would help an uninformed reader to become acquainted with linear regression. The assignment can be done individually, or in small groups (up to 5-6 students).
Include formulas and illustrations. Reference sources for all materials using traceable links. Use academic sources, such as web pages of university statistics departments, published peer-reviewed papers and books.
Submit to this dropbox in machine-readable Word or PDF format by the end of 27 October.
Possible plan for the poster:
1. Motivation (why is the linear regression needed)
2. How is the linear regression calculated
3. Interpretation of the linear regression results
4. Example(s) of use of linear regression
5. Advantages of linear regression
6. Disadvantages of linear regression
7. In what situations is linear regression a suitable method
8. In what situations is linear regression not a suitable method
9. Alternatives to linear regression