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Kiah Ong
This course is best suited for individuals who have a technical background in mathematics/statistics/computer science/engineering pursuing a career change to jobs or industries that are data-driven such as finance, retain, tech, healthcare, government and many more. The opportunity is endless.
Read more
This course is best suited for individuals who have a technical background in mathematics/statistics/computer science/engineering pursuing a career change to jobs or industries that are data-driven such as finance, retain, tech, healthcare, government and many more. The opportunity is endless.
Read more
This course is best suited for individuals who have a technical background in mathematics/statistics/computer science/engineering pursuing a career change to jobs or industries that are data-driven such as finance, retain, tech, healthcare, government and many more. The opportunity is endless.
This course is part of the Performance Based Admission courses for the Data Science program.
In this course, we will learn what happens to our regression model when these assumptions have not been met. How can we detect these discrepancies in model assumptions and how do we remediate the problems will be addressed in this course.
Upon successful completion of this course, you will be able to:
-describe the assumptions of the linear regression models.
-use diagnostic plots to detect violations of the assumptions of a linear regression model.
-perform a transformation of variables in building regression models.
-use suitable tools to detect and remove heteroscedastic errors.
-use suitable tools to remediate autocorrelation.
-use suitable tools to remediate collinear data.
-perform variable selections and model validations.
Register for this course and see more details by visiting:
OpenCourser.com/course/i81e1w/model
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What's inside
Syllabus
Module 1: Model Diagnostics and Remediation Part I
Welcome to Model Diagnostics and Remediation Measures! In this course, we will cover the topics of: Regression Diagnostics, Variance Stabilizing Transformations, Box-Cox Transformation, Transformations to Linearized the Model, Weighted Least Squares, Autocorrelation, Multicollinearity, Variable Selection and Model Validation. In Module 1, we will cover four topics including: Regression Diagnostics, Variance Stabilizing Transformations, Box-Cox Transformation and Transformations to Linearize the model. There is a lot to read, watch, and consume in this module so, let’s get started!
Read more
Syllabus
Module 1: Model Diagnostics and Remediation Part I
Welcome to Model Diagnostics and Remediation Measures! In this course, we will cover the topics of: Regression Diagnostics, Variance Stabilizing Transformations, Box-Cox Transformation, Transformations to Linearized the Model, Weighted Least Squares, Autocorrelation, Multicollinearity, Variable Selection and Model Validation. In Module 1, we will cover four topics including: Regression Diagnostics, Variance Stabilizing Transformations, Box-Cox Transformation and Transformations to Linearize the model. There is a lot to read, watch, and consume in this module so, let’s get started!
Read more
Module 2: Model Diagnostics and Remediation Part II
Welcome to Module 2 – This module will cover four topics including: Weighted Least Squares, Autocorrelation, Multicollinearity, and Variable Selection and Model Validation. There is a lot to read, watch, and consume in this module so, let’s get started!
Summative Course Assessment
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
The course belongs to Performance Based Admission Courses for the Data Science program
Engages participants with a highly relevant industry topic--remediation of problems that arise when assumptions of linear regression models are not met
Addresses an industry need for skilled workers in data-driven fields
Taught by instructors with expertise in mathematics, statistics, computer science, and engineering
Requires proficiency in mathematics/statistics/computer science/engineering
Focuses on the practical application of detecting and remediating problems in linear regression models, rather than theoretical underpinnings
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Save Model Diagnostics and Remedial Measures to your list so you can find it easily later:
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Model Diagnostics and Remedial Measures with these
activities:
Review Basic Mathematics
Show steps
Refreshes basic mathematical concepts that form the foundation for this course
Browse courses on
Linear Regression
Show steps
-
Revisit key concepts from linear algebra, such as matrices, determinants, and eigenvalues.
-
Review calculus concepts such as derivatives, integrals, and optimization.
-
Practice solving problems involving linear equations and systems.
Linear Regression Practice Problems
Show steps
Provides opportunities for reinforcing understanding of linear regression concepts
Show steps
-
Solve practice problems involving simple linear regression models.
-
Analyze the results of regression models and interpret the coefficients.
-
Identify and address common assumptions of linear regression models.
Guided Tutorials on Model Diagnostics
Show steps
Facilitates a deeper understanding of techniques for diagnosing and remediating model discrepancies
Show steps
-
Follow online tutorials on residual analysis, influence diagnostics, and variance inflation factors.
-
Apply the techniques to real-world datasets and interpret the results.
-
Discuss the findings with peers or mentors to enhance understanding.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Create a Data Visualization Dashboard
Show steps
Enhances data analysis and communication skills by creating interactive data visualizations
Show steps
-
Import the relevant datasets into a visualization tool.
-
Create interactive charts and graphs to represent the data.
-
Use dashboards to organize and present the visualizations effectively.
Attend a Data Science Workshop
Show steps
Provides exposure to industry best practices and networking opportunities
Show steps
-
Identify and register for relevant data science workshops.
-
Actively participate in the workshop sessions and engage with experts.
-
Connect with other professionals and expand your network.
Contribute to Open-Source Data Science Projects
Show steps
Encourages practical application and collaboration in the field of data science
Show steps
-
Identify open-source data science projects aligned with your interests.
-
Review the project's documentation and contribute code or documentation.
-
Collaborate with other contributors and engage in code discussions.
Participate in Data Science Competitions
Show steps
Provides opportunities for practical problem-solving and benchmarking skills
Show steps
-
Register for data science competitions on platforms like Kaggle.
-
Formulate hypotheses, develop models, and train algorithms.
-
Compare your results with others and learn from the best approaches.
Review Basic Mathematics
Show steps
Refreshes basic mathematical concepts that form the foundation for this course
Browse courses on
Linear Regression
Show steps
Show steps
Show steps
- Revisit key concepts from linear algebra, such as matrices, determinants, and eigenvalues.
- Review calculus concepts such as derivatives, integrals, and optimization.
- Practice solving problems involving linear equations and systems.
Linear Regression Practice Problems
Show steps
Provides opportunities for reinforcing understanding of linear regression concepts
Show steps
Show steps
Show steps
- Solve practice problems involving simple linear regression models.
- Analyze the results of regression models and interpret the coefficients.
- Identify and address common assumptions of linear regression models.
Guided Tutorials on Model Diagnostics
Show steps
Facilitates a deeper understanding of techniques for diagnosing and remediating model discrepancies
Show steps
Show steps
Show steps
- Follow online tutorials on residual analysis, influence diagnostics, and variance inflation factors.
- Apply the techniques to real-world datasets and interpret the results.
- Discuss the findings with peers or mentors to enhance understanding.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Create a Data Visualization Dashboard
Show steps
Enhances data analysis and communication skills by creating interactive data visualizations
Show steps
Show steps
Show steps
- Import the relevant datasets into a visualization tool.
- Create interactive charts and graphs to represent the data.
- Use dashboards to organize and present the visualizations effectively.
Attend a Data Science Workshop
Show steps
Provides exposure to industry best practices and networking opportunities
Show steps
Show steps
Show steps
- Identify and register for relevant data science workshops.
- Actively participate in the workshop sessions and engage with experts.
- Connect with other professionals and expand your network.
Contribute to Open-Source Data Science Projects
Show steps
Encourages practical application and collaboration in the field of data science
Show steps
Show steps
Show steps
- Identify open-source data science projects aligned with your interests.
- Review the project's documentation and contribute code or documentation.
- Collaborate with other contributors and engage in code discussions.
Participate in Data Science Competitions
Show steps
Provides opportunities for practical problem-solving and benchmarking skills
Show steps
Show steps
Show steps
- Register for data science competitions on platforms like Kaggle.
- Formulate hypotheses, develop models, and train algorithms.
- Compare your results with others and learn from the best approaches.
Career center
Learners who complete Model Diagnostics and Remedial Measures will develop knowledge and skills
that may be useful to these careers:
Data Scientist
Data Scientist
A Data Scientist combines advanced statistical modeling and machine learning techniques to solve complex business problems and derive meaningful insights from data. The course's emphasis on regression diagnostics, variable selection, and model validation enables learners to build robust and accurate predictive models. By developing expertise in these areas, one can excel in data science roles that require a comprehensive understanding of data analysis and model development.
Statistician
Statistician
A Statistician collects, analyzes, and interprets data to provide insights and solve problems. The course's focus on regression diagnostics, variable selection, and model validation is essential for statisticians to ensure the accuracy and reliability of their analyses. By developing proficiency in these areas, learners build a strong foundation for conducting rigorous statistical studies and effectively communicating research findings.
Biostatistician
Biostatistician
A Biostatistician applies statistical methods to medical and health-related data to improve public health. The course's focus on regression diagnostics and model validation is crucial for ensuring the accuracy and reliability of biostatistical analyses. By developing proficiency in these areas, learners can contribute to the advancement of medical research and the development of effective healthcare interventions.
Data Analyst
Data Analyst
A Data Analyst collects, processes, and interprets data to identify trends and patterns, utilizing statistical, qualitative, and predictive modeling techniques. The course's coverage of model diagnostics and error remediation provides a solid foundation for addressing discrepancies in data assumptions and enhancing the reliability of data analysis. By mastering these principles, learners develop skills essential for data analysis in various domains.
Quantitative Analyst
Quantitative Analyst
A Quantitative Analyst utilizes statistical and mathematical models to assess financial risks and develop trading strategies. The course's emphasis on regression diagnostics, autocorrelation remediation, and variable selection provides essential skills for building robust financial models and making informed investment decisions. By mastering these techniques, individuals prepare themselves for a successful career in quantitative finance.
Market Researcher
Market Researcher
A Market Researcher gathers and analyzes data to understand consumer behavior and market trends. The course's focus on regression diagnostics and model validation provides a solid foundation for evaluating the accuracy and reliability of market research data. By developing proficiency in these areas, learners enhance their ability to conduct effective market research, identify market opportunities, and make data-driven business decisions.
Machine Learning Engineer
Machine Learning Engineer
A Machine Learning Engineer builds and deploys machine learning models to solve complex business problems. The course's emphasis on regression diagnostics and model validation provides a solid foundation for evaluating and improving the performance of machine learning models. By developing proficiency in these areas, machine learning engineers can ensure the accuracy and reliability of their models, leading to more effective outcomes.
Operations Research Analyst
Operations Research Analyst
An Operations Research Analyst uses mathematical and analytical techniques to optimize business processes and improve decision-making. The course's emphasis on regression diagnostics and model validation provides a solid foundation for analyzing and interpreting data, enabling learners to develop efficient and effective operations research models. By mastering these skills, individuals can contribute to improved decision-making and enhance the efficiency of organizations.
Epidemiologist
Epidemiologist
An Epidemiologist investigates the causes and distribution of diseases within populations. The course's emphasis on regression diagnostics and heteroscedasticity detection provides valuable skills for analyzing and interpreting epidemiological data. By understanding the assumptions and limitations of regression models, epidemiologists can make more informed conclusions and develop effective public health strategies.
Financial Analyst
Financial Analyst
A Financial Analyst evaluates and interprets financial data to make informed investment decisions. The course's focus on regression diagnostics and heteroscedasticity detection provides valuable skills for identifying and mitigating risks in financial models. By understanding the assumptions and limitations of regression models, learners can make more reliable financial projections and contribute to sound investment strategies.
Actuary
Actuary
An Actuary assesses and manages risks related to insurance, investments, and pensions. The course's coverage of regression diagnostics and heteroscedasticity detection provides a solid foundation for understanding and mitigating risks within actuarial models. By developing skills in these areas, individuals can enhance the accuracy of their risk assessments and contribute to the financial stability of insurance companies and pension funds.
Risk Manager
Risk Manager
A Risk Manager identifies, assesses, and mitigates potential risks within an organization. The course's coverage of regression diagnostics and heteroscedasticity detection helps learners understand the risks associated with data analysis and modeling. By developing skills in these areas, individuals enhance their ability to assess the reliability of risk models, allocate resources effectively, and develop comprehensive risk management strategies.
Business Analyst
Business Analyst
A Business Analyst bridges the gap between business and technology, translating business requirements into technical solutions. The course's emphasis on regression diagnostics and model validation provides valuable skills for evaluating the effectiveness of business decisions and processes. By understanding the assumptions and limitations of models, business analysts can make more informed recommendations and contribute to the success of their organizations.
Data Engineer
Data Engineer
A Data Engineer designs and builds data pipelines to collect, store, and process data effectively. The course's emphasis on regression diagnostics and model validation provides a solid foundation for understanding and addressing data quality issues. By developing skills in these areas, data engineers can ensure the reliability and integrity of data, enabling organizations to make informed decisions.
Software Engineer
Software Engineer
A Software Engineer designs, develops, and maintains software applications. While not directly related to the specific topics covered in the course, the course's emphasis on logical thinking and problem-solving may be helpful in developing software applications that process and analyze data effectively.
For more career information including salaries, visit:
OpenCourser.com/course/i81e1w/model
Reading list
We've selected 13 books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Model Diagnostics and Remedial Measures.
Is another great reference for more advanced regression modeling with a focus on generalized linear models. The authors also provide a lot of supplemental material online, including R code for the examples in the book.
Practical guide to statistical learning methods in R. It good choice for those who want to learn how to apply regression models in practice.
Specialized treatment of generalized linear models, a generalization of linear regression models that can handle a wider range of outcomes. It good choice for those who specifically interested in generalized linear models, such as logistic regression and Poisson regression.
Provides a more specialized treatment of regression modeling for actuarial and financial applications. It good choice for those who want to learn more about how regression models are used in these fields.
Practical guide to Bayesian data analysis, including regression. It good choice for those who want to learn more about Bayesian methods for regression modeling.
More practical guide to statistical methods in psychology, including regression. It good choice for those who want to learn more about applying regression models in the field of psychology.
Save
Provides a more practical guide to machine learning methods, including regression. It good choice for those who want to learn more about how regression models are used in business and industry.
Provides a practical guide to deep learning methods, including regression. It good choice for those who want to learn more about how regression models are used in deep learning applications.
Classic on statistical learning methods, including regression, classification, and dimension reduction. It is somewhat more advanced than some other books on this list, but it great resource for those who want to learn more about the theory and methods behind regression modeling.
Save
Provides a more general introduction to data science and statistics, including regression. It good choice for those who want to learn more about the big picture of data science and how regression models fit into it.
More informal and accessible introduction to regression modeling. It good choice for those who want to learn the basics of regression without getting too bogged down in the technical details.
Provides a more critical look at statistics, including regression. It good choice for those who want to learn more about the limitations of regression models and how to avoid common pitfalls.
Save
Provides a very accessible introduction to statistics, including regression. It good choice for those who want to learn the basics of regression without getting too bogged down in the technical details.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/i81e1w/model
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Level
Intermediate
Via
Coursera
Institution
Illinois Tech
Instructor
Kiah Ong
Language
English
Good to know
The course belongs to Performance Based Admission Courses for the Data Science program
Engages participants with a highly relevant industry topic--remediation of problems that arise when assumptions of linear regression models are not met
Addresses an industry need for skilled workers in data-driven fields
Taught by instructors with expertise in mathematics, statistics, computer science, and engineering
Requires proficiency in mathematics/statistics/computer science/engineering
Focuses on the practical application of detecting and remediating problems in linear regression models, rather than theoretical underpinnings
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