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Introduction to Linear Regression

๐Ÿ“ŠStatistical MethodsAugust 29, 2012 ยท 1 min read

Linear regression estimates how much variable Y changes with every unit of change in X. The general linear regression equation is represented as follows:

Y = a + bX

Where, X is the independent explanatory variable and Y is the dependent variable. The line has a slope b, and a is the intercept, that is the value of y when x=0.

The following video by Bionic Turtle explains the concept of linear regression in detail.