Just getting started with regressions

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  • luegofuego
    SBR Hustler
    • 06-16-10
    • 96

    #1
    Just getting started with regressions
    I've acquired a database which I'm dicking around with, trying to learn as much as I can about modelling some stuff.

    Finding linear correlations isn't that hard, just click some buttons in SPSS and there you go - but I'm still not sure how to model binary dependant variables - such as finding out the likelihood of a team WINNING instead of calculating what the average point difference will be.

    I tried formating it as a dummy variable (0 for no, 1 for yes) but that spat out pretty damn weird numbers. I'm guessing there's a better tool than standard linear regressions here?

    Appreciate the help
  • bztips
    SBR Sharp
    • 06-03-10
    • 283

    #2
    Logit (or probit) regression -- I'm sure SPSS can do those.
    Comment
    • brettd
      SBR High Roller
      • 01-25-10
      • 229

      #3
      Yeah logit regression. Jump on you tube and take a look. Just finished logistic regression in my course. Fairly simple stuff.
      Comment
      • Peregrine Stoop
        SBR Wise Guy
        • 10-23-09
        • 869

        #4
        Khan Academy videos are usually more helpful than youtube videos for statistics, probability, and mathematics
        Comment
        • Insoluble
          SBR Hustler
          • 05-29-10
          • 71

          #5
          Agreed, Khan academy can be a great resource for learning a ton about anything
          Comment
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