Book Image

R for Data Science Cookbook (n)

By : Yu-Wei, Chiu (David Chiu)
Book Image

R for Data Science Cookbook (n)

By: Yu-Wei, Chiu (David Chiu)

Overview of this book

This cookbook offers a range of data analysis samples in simple and straightforward R code, providing step-by-step resources and time-saving methods to help you solve data problems efficiently. The first section deals with how to create R functions to avoid the unnecessary duplication of code. You will learn how to prepare, process, and perform sophisticated ETL for heterogeneous data sources with R packages. An example of data manipulation is provided, illustrating how to use the “dplyr” and “data.table” packages to efficiently process larger data structures. We also focus on “ggplot2” and show you how to create advanced figures for data exploration. In addition, you will learn how to build an interactive report using the “ggvis” package. Later chapters offer insight into time series analysis on financial data, while there is detailed information on the hot topic of machine learning, including data classification, regression, clustering, association rule mining, and dimension reduction. By the end of this book, you will understand how to resolve issues and will be able to comfortably offer solutions to problems encountered while performing data analysis.
Table of Contents (19 chapters)
R for Data Science Cookbook
Credits
About the Author
About the Reviewer
www.PacktPub.com
Preface
Index

Using linear regression to predict unknown values


With a fitted regression model, we can apply the model to predict unknown values. For regression models, we can express the precision of prediction with prediction intervals and confidence intervals. In the following recipe, we introduce how to predict unknown values under these two measurements.

Getting ready

One needs to have completed the previous recipe by fitting the house rental data into a regression model and have the fitted model assigned to variable lmfit.

How to do it…

Perform the following steps to predict values with linear regression:

  1. Assign values to be predicted to newdata:

    > newdata <- data.frame(Sqft=c(800, 900, 1000))
    
  2. Compute the prediction result of the given data:

    > predict(lmfit ,newdata)
           1        2        3
    34092.60 37926.04 41759.47
    
  3. On the other hand, you can obtain the coefficient and intercept of the fitted model:

    > lmfit$coefficients[1]
    (Intercept)
       3425.133
    
    > lmfit$coefficients[2]
        Sqft
    38...