Dr. Eng. Hugo Milan
What does GLM mean? GLM stands for Generalized Linear Models. These statistical models are used when one wants to predict a variable using known functions of the predictor variables. Under these conditions, GLM are a powerful statistical tool used by researchers throughout the world. Example: Annual income increase Let’s explore an example for a salary […]
What are GAMs? GAM stands for Generalized Additive Models. This is an statistical technique used to approximate smooth functions to predict a variable. In essence, smooth functions are obtained based on several cubic functions (in practice, more complex functions are utilized). When should I use GAMs? You could use GAMs when you do not know […]