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How much data do you need for regression analysis?

How much data do you need for regression analysis?

In linear modeling (including multiple regression), you should have at least 10-15 observations for each term you are trying to estimate. Any less than that, and you run the risk of overfitting your model.

What is the minimum number of variables needed for an experiment?

An experiment is a controlled scientific study of specific variables. A variable is a factor that can take on different values. There must be at least two variables in any experiment: a manipulated variable and a responding variable.

How many observations are enough for regression?

For example, in regression analysis, many researchers say that there should be at least 10 observations per variable. If we are using three independent variables, then a clear rule would be to have a minimum sample size of 30.

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What is the minimum sample size for experimental design?

The minimum sample size, according to Central Limit Theorem, must be 30. Of course, depending on sample’s limits and characteristics the sample should be bigger than 40. And it is obvious that the bigger the sample is, the better for the research.

How many observations should a predictor have?

For linear models, such as multiple regression, a minimum of 10 to 15 observations per predictor variable will generally allow good estimates.

How many variables are too many for regression?

Many difficulties tend to arise when there are more than five independent variables in a multiple regression equation. One of the most frequent is the problem that two or more of the independent variables are highly correlated to one another. This is called multicollinearity.

How many variables can be included in multiple regression?

When there are two or more independent variables, it is called multiple regression.

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How many observations is good for a regression?