Interpret the extended linear model output from statistical software, such as parameter estimate tables and ANOVA tables.
Free CAS MAS-I (Modern Actuarial Statistics I) lesson in Extended Linear Models. 13 min read, ~2,022 words.
Parameter table columns: estimate, standard error, test statistic ( or ), p-value. Statistic equals estimate divided by standard error. GLM coefficients live on the link scale. For log link, is the multiplicative effect on the mean; for logit, is an odds ratio. Analysis of deviance replaces ANOVA for GLMs. Test...
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
- C4
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