Predictive Modelling of Undergraduate Student Intake - aair
Predictive Modelling of Undergraduate Student Intake - aair
Predictive Modelling of Undergraduate Student Intake - aair
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Predictions<br />
• Model is fit on observed (historical) data<br />
• To make predictions:<br />
Y = α + βX +εε<br />
• Obtain new data which contains explanatory variables<br />
• Apply model equation to data<br />
• Output is predicted Y-values and confidence intervals<br />
• Make sure new data is from same population!<br />
AAIR Forum 2008<br />
15<br />
Anatoli Lightfoot – ANU