Hussain DS disc – I need a discussion on any one of the below topic

Discuss any of the following topics from the text book

“ISLR” An Introduction to Statistical Learning, Gareth James, Daniela Witten, Trevor Hastie and Robert Tibshirani, http://www-bcf.usc.edu/~gareth/ISL/index.html

3 Linear Regression 59

3.1 Simple Linear Regression . . . . . . . . . . . . . . . . . . . 61

3.1.1 Estimating the Coefficients . . . . . . . . . . . . . . 61

3.1.2 Assessing the Accuracy of the Coefficient Estimates . . . . . . . . . . . . . . . . . . . . . . . . 63

3.1.3 Assessing the Accuracy of the Model . . . . . . . . . 68

3.2 Multiple Linear Regression . . . . . . . . . . . . . . . . . . 71

3.2.1 Estimating the Regression Coefficients . . . . . . . . 72

3.2.2 Some Important Questions . . . . . . . . . . . . . . 75

3.3 Other Considerations in the Regression Model . . . . . . . . 82

3.3.1 Qualitative Predictors . . . . . . . . . . . . . . . . . 82

3.3.2 Extensions of the Linear Model . . . . . . . . . . . . 86

3.3.3 Potential Problems . . . . . . . . . . . . . . . . . . . 92

3.4 The Marketing Plan . . . . . . . . . . . . . . . . . . . . . . 102

3.5 Comparison of Linear Regression with K-Nearest Neighbors . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104