Channel: Brandon Foltz

Category: Education

Tags: variable transformation examplelinear regressionreflecting variablesstats 101variable transformation techniquesvariable transformation regressionstatistics 101log transformation of datalog transformation statisticsvariable transformation in linear regressionlog transformationlog transformation explainedvariable transformation statisticssimple linear regressionvariable reflectionskewnessdata transformationbrandon foltzregression assumptions

Description: In this Statistics 101 video, we learn about applying the very common LOG transformation to variables so that the variables better meet the assumptions of our analytical techniques. We venture into Excel to actually do the transformation in real time and then look at the correlations before and after. Enjoy! The Boston House Price data in Excel can be downloaded here: bcfoltz.com/blog/mdocs-posts/boston-house-prices-by-brandon-foltz-blank My playlist table of contents can be found here: bcfoltz.com/blog/stats-101 You can also find Video Companion Guide PDFs for select playlists here: bcfoltz.com/blog Happy learning! #statistics #machinelearning #datascience