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Predictive models are statistical models whose primary purpose is to predict other observations of a system optimally, as opposed to models whose purpose is to test a particular hypothesis or explain a phenomenon mechanistically. As such, predictive models place less emphasis on interpretability and more emphasis on performance.

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Multiple regression with dependent variables

I have a dataset with 3 variables (X,Y and Z) and I want to find the best estimates for the constants a,b,c & d. I have been looking into multiregression analysis, but that does not seem to work for t …
Jens de Bruijn's user avatar