Posts

Showing posts with the label #DataScience

Decoding the Numbers: How Linear Regression Reveals Hidden Relationships

Image
  Decoding the Numbers: How Linear Regression Reveals Hidden Relationships image by Artem Podrez Have you ever wondered if taller people really do have broader shoulders? Whether consuming more calories at Starbucks means consuming more carbs? Or if more attractive professors actually get better teaching evaluations? These are more than just idle questions. They touch on fundamental patterns in nutrition, human physiology, and even unconscious bias in education. Beneath these questions lies a powerful statistical tool that can help us uncover meaningful relationships in data: linear regression. In this article, we’ll explore how linear regression works, when to use it, and what it can tell us about the world around us. Using three real-world examples, we’ll see how this technique allows us to predict one variable from another and quantify just how strong these relationships really are. What Is Linear Regression, Really? At its heart, linear regression is a way to describe how ...

Mapping Freedom: Insights from the Human Freedom Index: A Linear Regression Analysis

Image
  Mapping Freedom: Insights from the Human Freedom Index What exactly do we mean when we talk about freedom? Is it the ability to speak your mind without fear? The assurance that laws will be applied fairly? The right to practice your faith without interference? Or perhaps the opportunity to start a business without excessive red tape? Freedom is complex, multifaceted, and often difficult to quantify. That's where the Human Freedom Index (HFI) comes in—a collaborative effort by the Cato Institute, the Fraser Institute, and the Liberales Institut that attempts to measure freedom across countries through a variety of variables, from political rights to economic indicators. In this article, I'll take you on a journey through the relationships between different aspects of freedom, sharing insights from an analysis of the Human Freedom Index data from 2008-2016. We'll explore how these freedoms correlate, what this tells us about societies around the world, and why some of the f...

Statistical Analysis in the Real World: How Education Impacts Work Hours

Image
  Statistical Analysis in the Real World: How Education Impacts Work Hours Do people with higher levels of education work more hours? It’s a question with significant implications for career planning, economic mobility, and work-life balance decisions. Using rigorous statistical analysis techniques, we can move beyond anecdotes and explore what the data actually tells us. distributions of hours worked by educational attainment and relevant summary statistics The Data: Education and Work Hours The General Social Survey collects comprehensive data on US residents, including their educational attainment and weekly work hours. Our analysis examined 1,172 respondents across five educational categories: A surface-level examination of these numbers might suggest a pattern: those with Bachelor’s degrees work nearly four more hours weekly than those without high school diplomas. But is this difference statistically significant , or could it be due to random chance? Statistical Ana...