best fit line
On Mar 4, 2009, at 1:22 PM, anujgoel wrote:
Dear R Community, I am plotting this simple x-y plot (raw data & plot attached). I cant fit a linear regression line to it. I have to figure out what is the best fit for this graph.
That is virtually impossible to define rigorously. The "best fit" would go through all the points precisely, the extreme form of overfitting, but the mathematical result would not be informative at all. Where did these data come from? What domain of science are you working on? You want a result that incorporates the relationships known to exist in your domain of investigation and summarizes the data without overfitting. I am being intentionally vague in what follows because this looks like homework.
Is there a way to tell which regression to use for this kind of data?
Not really. Looks rather "hyperbolic", so you might think about the formula for hyperbola and then use the lm function.
Also, after selecting the best fit model, I need to extrapolate what could be the other possible data points.
The predict functions are used for this purpose. Consult you documentation. ?predict
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