Recent content by sas

Oh I see! Thank you so much for the explanation and the example. I appreciate it!

What does it mean when statisticians talk about having more predictors than observations in a regression model? How could that even be possible? Why is it a problem in regression? Apologies, I am new to quant analysis and stats so not quite sure why this is the case? I would appreciate the...

I have two variables: the number of employees who work from home in the firm and the number of independent contractors in the firm - and I have this data for 70 firms. I am trying to determine what statistical measure of association I can use to determine whether there is a relationship...