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Simple Linear Regression Is A Statistical Method U

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15 views1 page

Simple Linear Regression Is A Statistical Method U

Uploaded by

Grace Catugo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Simple linear regression is a statistical method used to model the relationship between

two variables: one independent variable (xxx) and one dependent variable (yyy). It
assumes a linear relationship between the variables, expressed as:

Here:

 yyy is the dependent variable (outcome),


 xxx is the independent variable (predictor),
 β0\beta_0β0 is the y-intercept (the value of yyy when x=0x = 0x=0),
 β1\beta_1β1 is the slope (the change in yyy for a one-unit change in xxx),
 ϵ\epsilonϵ is the error term accounting for deviations from the predicted values.

The goal of simple linear regression is to find the best-fit line that minimizes the sum
of squared differences between observed and predicted yyy-values (least squares
method). It helps to quantify the strength and direction of the relationship between
xxx and yyy, making it useful for prediction and understanding the influence of the
independent variable on the dependent variable.

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