Introducing Linear Regression: An Example Using Basketball Statistics
University of Richmond - E. Claiborne Robins School of Business
Jonathan M. Godbey
Georgia State University - Department of Finance
January 6, 2011
The intuition behind linear regression can be difficult for students to grasp particularly without a readily accessible context. This paper uses basketball statistics to demonstrate the purpose of linear regression and to explain how to interpret its results. In particular, the student will quickly grasp the meaning of explanatory variables, r-squared, the statistical significance of estimates of regression coefficients, and applications to Finance. Even if the student is not a sports fan the examples are easily understood and familiar. The student can easily replicate the procedures in this paper to reinforce learning.
Number of Pages in PDF File: 29
Keywords: regression, pedagogy, basketball
JEL Classification: A20, A22, C10, C20, C51, G10working papers series
Date posted: January 9, 2011
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