Simple Linear Regression


You have a bunch of related x,y coordinates (eg. the house sales in function of surface area) and you want to find out what line is a good representation of that data. Ie. you want to apply 'simple linear regression'.

The resulting line can be represented by this function: y = w₁ x + w₀, whereby w₁ is called the slope and w₀ is the intercept.

Notes by Data Munging Ninja. Generated on nini:sync/20151223_datamungingninja/linregsimple at 2016-10-18 07:18