
An Accendo Reliability recorded webinar event
Most of us are familiar with the data analysis method called regression analysis. Maybe not familiar enough in some cases. The analysis allows us to identify and model trends or relationships. For example, we might examine the relationship between the speed of a production line and the number of out-of-spec items.
While regression analysis is a common method that many of us use regularly, understanding some of the limitations and options can enhance our analysis insights and accuracy. Understanding the assumptions and how to test them is a fundamental skill worth mastering.
Let’s explore a few of the limitations, checks, and options when taking a look at some data. From checking assumptions to assessing the goodness of fit, and a quick exploration of various approaches beyond simple linear regression.
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