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Introduction to Regression with statsmodels in Python

Predict housing prices and ad click-through rate by implementing, analyzing, and interpreting regression analysis in Python.

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4 Hours14 Videos53 Exercises7,281 Learners4150 XPData Scientist TrackStatistics Fundamentals Track

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Course Description

Linear regression and logistic regression are two of the most widely used statistical models. They act like master keys, unlocking the secrets hidden in your data. In this course, you’ll gain the skills you need to fit simple linear and logistic regressions. Through hands-on exercises, you’ll explore the relationships between variables in real-world datasets, including motor insurance claims, Taiwan house prices, fish sizes, and more. By the end of this course, you’ll know how to make predictions from your data, quantify model performance, and diagnose problems with model fit.

  1. 1

    Simple Linear Regression Modeling

    Free

    You’ll learn the basics of this popular statistical model, what regression is, and how linear and logistic regressions differ. You’ll then learn how to fit simple linear regression models with numeric and categorical explanatory variables, and how to describe the relationship between the response and explanatory variables using model coefficients.

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    A tale of two variables
    50 xp
    Which one is the response variable?
    50 xp
    Visualizing two numeric variables
    100 xp
    Fitting a linear regression
    50 xp
    Estimate the intercept
    50 xp
    Estimate the slope
    50 xp
    Linear regression with ols()
    100 xp
    Categorical explanatory variables
    50 xp
    Visualizing numeric vs. categorical
    100 xp
    Calculating means by category
    100 xp
    Linear regression with a categorical explanatory variable
    100 xp
  2. 2

    Predictions and model objects

    In this chapter, you’ll discover how to use linear regression models to make predictions on Taiwanese house prices and Facebook advert clicks. You’ll also grow your regression skills as you get hands-on with model objects, understand the concept of "regression to the mean", and learn how to transform variables in a dataset.

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  3. 3

    Assessing model fit

    In this chapter, you’ll learn how to ask questions of your model to assess fit. You’ll learn how to quantify how well a linear regression model fits, diagnose model problems using visualizations, and understand each observation's leverage and influence to create the model.

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In the following tracks

Data Scientist Statistics Fundamentals

Collaborators

richieRichie CottonmaggiematsuiMaggie Matsuiamy-4121b590-cc52-442a-9779-03eb58089e08Amy Peterson
Maarten Van den Broeck Headshot

Maarten Van den Broeck

Content Developer at DataCamp

Maarten is an aquatic ecologist and teacher by training and a data scientist by profession. After his career as a Ph.D. researcher at KU Leuven, he wished that he had discovered DataCamp sooner. He loves to combine education and data science to develop DataCamp courses. In his spare time, he runs a symphonic orchestra.
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Decision Science Analytics, USAA

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