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Simple Linear Regression

SimpleLinearRegression2.png


The purpose of regression analysis is to:

  • Predict the value of the dependent variable as a function of the value(s) of at least one independent variable.
  • Explain how changes in an independent variable are manifested in the dependent variable
  • The dependent variable is the variable that is to be predicted unexplained.
  • An independent variable is the variable or variables that is used to predict or explain the dependent variable


The regression equation:

  • Dependent variable: :
  • Independent variable: :
  • Slope: Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://en.wikipedia.org/api/rest_v1/":): {\displaystyle b = r \frac{S_y}{S_x}}
The slope is the amount of change in units of for each unitchange in .
  • intercept: :