An individual differences model for multiple regression
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A model for multiple regression was developed which allows individual differences to emerge empirically. The model encompasses as special cases several of the previous attempts to improve psychological prediction by deviating from the usual linear multiple regression model. The model is tested with both artificial and real data. The results indicate that the model effectively reduces the variance of the error of prediction, and that the weights obtained are stable over different samples, and, to some extent, over different sets of predictors.
KeywordsRegression Model Individual Difference Public Policy Real Data Statistical Theory
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