what is simple linear regression equation

Finding an association, relationship between variables.Regression Analysis helps us with analytics in following ways: Regression is proven to give credible results if the data follows parametric assumptions which will be covered in upcoming lessons. Regression is a parametric technique used to predict the value of a target variable Y based on one or more input feature variables X. We shall now build on these ideas to explain the regression process. So far, we have covered topics like basic hypothesis testing, variable relationships, statistical learning. Predict the target of a previously unseen input feature.Draw a regression line based on calculated slope and intercept.Calculate the slope and y-intercept using the slope value.Explain simple linear regression as solving for equation y=mx+c.Describe statistical modeling with simple regression.

This lesson will introduce you to regression process based on the statistical ideas we have discovered so far. It is one of the simplest algorithms to master but still requires some statistical understanding of the underlying. For aspiring data scientists, like yourselves, regression analysis the first real 'learning' algorithm that they come across with.

What is simple linear regression equation