ERIC Number: EJ1374196
Record Type: Journal
Publication Date: 2023
Pages: 6
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0141-982X
EISSN: EISSN-1467-9639
Available Date: N/A
Visual Expression of Factor Decomposition in Regression Analysis: An Example of Japanese Housing Rents
Teaching Statistics: An International Journal for Teachers, v45 n2 p100-105 Sum 2023
This paper presents the importance of the visual expression of factor decomposition in regression analysis, which is particularly worthwhile for undergraduate students whose majors are not mathematics but social science. The conventional purpose of regression analysis is to examine specific hypotheses empirically. In particular, the statistical significance of the explanatory variable was tested, which may have been difficult for many students to understand mathematically. To remedy this, factor decomposition is introduced in the same way that human body composition is broken down into water, fat, and muscle. As an illustrative example, multiple regression was applied to the determinants of housing rents in Japan. The explanatory variables were the living area, building age, and walking time from the nearest station. The findings suggest that, with the help of visual expression, a student can easily appreciate which variable significantly affects housing rents.
Descriptors: Statistics Education, Regression (Statistics), Statistical Significance, Social Sciences, Undergraduate Students, Visual Aids, Housing, Foreign Countries, Mathematical Applications, Mathematical Concepts
Wiley. Available from: John Wiley & Sons, Inc. 111 River Street, Hoboken, NJ 07030. Tel: 800-835-6770; e-mail: cs-journals@wiley.com; Web site: https://www-wiley-com.bibliotheek.ehb.be/en-us
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Japan
Grant or Contract Numbers: N/A
Author Affiliations: N/A