Search⌘ K
AI Features

Summary

Explore key concepts of linear regression in this lesson. Understand how simple and multiple regressions work with dependent and independent variables. Learn the differences with correlation and grasp the assumptions needed for effective use in business data analysis and prediction.

In this chapter, we learned about the following concepts.

Linear regression

  • Linear regression is a standard statistical data analysis technique. It determines how a linear relationship exists between a dependent variable and one or more independent variables. There are two types of linear ...