This update includes our proprietary MARS® Regression feature which expands upon Minitab’s predictive analytics capabilities to create accurate predictive models for a continuous response with many continuous and categorical predictor variables. Minitab 21.4 also includes graph editing enhancements and the ability to update or create new results for some statistical features when data change.
MARS® is our latest advanced predictive analytics solution that uncovers important data patterns and relationships that are difficult, if not impossible, for other regression methods to reveal. The MARS modeling engine builds its model by piecing together a series of straight lines, with each allowed its own slope. This permits the MARS modeling engine to trace out any pattern detected in the data.
Add Percentile Line for Probability Plot
This feature provides the option to add percentile lines at specified values along the X or Y scale to an already-created probability plot. Note: this option will apply to the selected graph only.
Adjust Probability Plot Y-Scale
This feature will provide the option to change the Y-scale type between percent, probability, and score on an already-created probability plot. Note: this option will apply to the selected graph only.
Adjust Histogram Binning
This feature provides the option to change the interval type on the X-scale (binning) between midpoint and cutpoint as well as the interval definition for binning by specifying the number of intervals or choosing custom midpoint/cutpoint positions on a histogram. Note: this option will apply to the selected graph only.