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Exercise: Visualizing Regression Plots

Explore how to visualize regression models with Plotly by creating scatter plots with OLS trendlines and rolling mean smoothers. Understand model fits by comparing linear regression and gradient boosting regression results using subplots. Gain hands-on experience interpreting relevant statistics like R squared.

Exercise 1

Create a scatter plot with the Sales variable plotted against TV. Include a red trendline of the line of best fit using Ordinary Least Squares (OLS). What is the R2R^2 value?

Solution

  • A scatter plot is created using the px.scatter() function on ...