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Published in:
2018 | OriginalPaper | Chapter
10. Forecasting Numeric Data Using Regression Models
Author : Ivo D. Dinov
Published in: Data Science and Predictive Analytics
Publisher: Springer International Publishing
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Abstract
In the previous Chaps. 7, 8, and 9, we covered classification methods that use mathematical formalism to address everyday life prediction problems. In this Chapter, we will focus on specific model-based statistical methods providing forecasting and classification functionality. Specifically, we will (1) demonstrate the predictive power of multiple linear regression; (2) show the foundation of regression trees and model trees; and (3) examine two complementary case-studies (Baseball Players and Heart Attack).