STAT8
STAT8
STAT8
ANALYSIS
•REGRESSION
ANALYSIS is a simple statistical tool used to
model the dependence of a variable on one (or more)
explanatory variables.
SIMPLE LINEAR REGRESSION is the least estimator of a
linear regression model with a single predictor.
LEAST SQUARE MODEL is a statistical procedure to find the best fit
for a set of data points by minimizing the sum of the residuals of points
from the plotted curve.
SLOPE –
LEAST SQUARE MODEL
ASSUMPTIONS OF LINEAR
REGRESSION ANALYSIS
1. Linearity
2. Independence of Error Terms
3. Normally Distributed Error Terms
4. Homoscedasticity
ESTIMATING THE COEFFICIENT
SLOPE OF THE REGRESSION
• LINE
PREDICTED INTERCEPT OF THE
VALUE OF REGRESSION LINE
𝞢
STEP 2. Slope of the Simple Linear Regression
𝞢
•
STEP 3. Mean Value of and
•
STEP 4. Intercept of the Simple Linear Regression
•
STEP 5. General Simple Linear Regression
Equation
•
STEP 6. Least Square Regression Line