Predictive Modelling of Undergraduate Student Intake - aair

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Predictive Modelling of Undergraduate Student Intake - aair

Predictive Modelling of

Undergraduate Student Intake

Anatoli Lightfoot

Information Analyst, Statistical Services


Outline

• Introduction (brief)

• Theory of regression analysis (not so brief)

• Some possible applications

• What to aim for to obtain reliable predictions

• Limitations of regression models

• One model in detail (acceptance rates)

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Anatoli Lightfoot – ANU


Why is this important?

• Load management is vital to universities!

So:

Student load has a major effect on university funding

• The consequences of being under- or over-enrolled are

potentially very serious

• We want to get it right; and

• We want to know how likely it is to go wrong

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Anatoli Lightfoot – ANU


Why should you listen to me?

• You shouldn’t! (necessarily)

• Iaimto:

• Explain some important basic statistics

• Offer some food for thoughtht

• But:

• This is not a substitute for a statistics degree

• I am not a professional statistician (yet)

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Things this presentation does not cover:

• Setting intake targets

Modelling continuing load

• Financial outcomes/consequences

And a warning:

• The next 10 slides are statistical theory

• Now is your chance to bail out!

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Anatoli Lightfoot – ANU


Time for some statistics!

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Regression

• Relationship between variables (X and Y)

Y i = α + βX i + ε i

• Y is the “response” or “independent” variable

• X is an “explanatory” or “dependent” variable

• α and β are constants

• Equation of a straight line

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The regression equation

• What do the i and ε signify?

Y i = α + βX i + ε i

• The subscript i indexes observations

• Each i-value represents a data point

• Often omitted for clarity

• ε i is an error term

• The “residual” for each observation

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The regression equation - example

• Height vs 100m sprint time

Y i = α + βX i + ε i

• For the i-th observation (person):

• Y i is 100m sprint time

• X i is height

• Determining α and β is “fitting” a model

• This is done using statistical software

• α and β are chosen to minimise Σ(ε

2

i )

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The regression equation - example

i height time100

1 140 17.6

2 142 14.3

3 147 16.4

4 150 15.1

1

5 153 15.4

6 159 15.2

7 163 12.7

8 164 13.9

9 168 14.1

10 170 13.7

α = 30

β = -0.1

(s)

100m time

13

14

15

16

17

Height vs 100m sprint times

Y i = 30 – 0.1X i + ε i

140 145 150 155 160 165 170

Height (cm)

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The regression equation

• The ε are used in model diagnostics

• They can be used to:

• Check basic assumptions

• Check goodness-of-fit

• Identify outliers

Y = α + βX +εε

• They are also used to calculate l confidence

intervals when using a model to predict

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Regression – basic assumptions

• The ε are independent

• The ε are identically distributed

• In particular, ε ~ N(0,σ 2 ) where σ 2 is a constant

• The sample is representative of the population

• Vital for useful predictions

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Transformations

• The variables used need not be “as measured”

• Variables can be transformed:

• Using square, square root, or higher order polynomial

• Using inverse, logarithm, or exponential function

• Using another function

• By multiplying l i them together th (“interaction” ti terms)

• Transformations are often used on response

variables which are not defined on (-∞,∞)

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Transformations – logit function

• Maps (0,1) to (-∞,∞) ∞ ∞)

• Used to transform a

response variable which

is a binomial proportion

• Model is fitted to

transformed Y-variable

logit(Y) = α + βX + ε

• Inverse function used to

“un-transform” results

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The logit function

y = ln(x) - ln(1-x)

Anatoli Lightfoot – ANU


Predictions

• Model is fit on observed (historical) data

• To make predictions:

Y = α + βX +εε

• Obtain new data which contains explanatory variables

• Apply model equation to data

• Output is predicted Y-values and confidence intervals

• Make sure new data is from same population!

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That’s it for the hard stuff

So why use regression to model student intake?

• You may already be using it!

• Large body of knowledge exists

• Ideally suited to large admissions datasets

• Can provide confidence in predictions, not just

an unqualified number!

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Applications of regression

• Many and varied

• I will discuss just two:

• Predicting enrolments from TAC preferences

• Predicting enrolments from simulated TAC offers

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Applications of regression

• Historical datasets available from UAC are large

• Many possible explanatory variables present

• Bio & demo data (age, gender, location)

• Education data (UAI, prior studies)

• Preference information (which courses, what order)

• What are the observations?

• Hard to tell where to start!

t!

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Applications of regression

• Conversion of preferences to offers depends

only on type of course (eg. arts, science, etc.)

• Model equation:

• Results:

logit(Y) = α + β 1 X 1 + ε

• 1 st preferences for B Arts will result in the same proportion

p

of enrolments as 5 th preferences for B Arts

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Applications of regression

• Conversion of preferences to offers depends on

both preference number and faculty

• Model equation:

• Results:

logit(Y) = α + β 1 X 1 + β 2 X 2 + ε

• 1 st and 5 th preferences are now treated differently

• What happens if the split between local and non-local

applicants changes for arts courses?

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Model refinement

• Iterative process

• Add or remove variables and refit model

• Examine model diagnostics

• Compare to previous models

• Rinse and repeat

• Important to revisit basic assumptions

• No!

• Can we treat each preference as a separate observation?

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Model refinement

• Preferences as observations is bad

• Outcome of each preference is not independent

• Each applicant as an observation

• Group information from preferences together

th

• Create additional variables

• Often datasets require modifying in some way

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Reliable models

• Simple models are usually better models

Modelling is not an exact science

• But the theory behind it is!

• Many different models are possible

• All of them may produce acceptable results

• A model should make intuitive sense

• If it doesn’t, something is probably wrong with it!

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Limitations of regression

• There are times when it is not appropriate

• Very small datasets can cause problems

• Some datasets require specialised techniques

• Time series analysis

• Some datasets t simply resist analysis

• Other methods available – eg. non-parametric statistics

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Detailed example – acceptance rates

• Model based on historical UAC data (3 years)

• Basic observations are individual offers

• Observations are grouped

• Response is proportion of acceptances

• Each group is weighted when fitting model

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Detailed example – acceptance rates

• Simplified model equation:

Y = α + β 1 X 1 + β 2 X 2 + β 3 X 3 + β 4 X 4 + β 6 X 1 X 2 + ε

X 1 is an binary variable identifying ACT school-leavers

X 2 represents 3 variables describing preference number

X 3 identifies current and prior year school leavers

X 4 represents 6 variables for different groups of courses

The last term is an interaction term between preference number

and ACT school-leaver

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Detailed example – acceptance rates

• Mostly additive model

• Includes one interaction term

• Preference number with ACT school-leaver

• Many iterations to develop

• More refinements are possible

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Thank you

• Questions?

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