
The following are the data provided to him: The same equation of a line can be re-written as: They are called as an irreducible error, the noise term in the true relationship that cannot fundamentally be reduced by any model. Some errors are inherent in the nature of the problem. It tries to approximate the relationship between dependent and independent variables in a straight line.

Linear regression models are not perfect. George Box, a famous British statistician, once quoted: A constant that determines the value of y when x is 0. It determines what will be the angle of the line. the variable that needs to be estimated and predicted. Linear regression is nothing but a manifestation of this simple equation. Recall the geometry lesson from high school. Linear suggests that the relationship between dependent and independent variable can be expressed in a straight line.

Linear implies the following: arranged in or extending along a straight or nearly straight line. Linear regression models provide a simple approach towards supervised learning. Parameters are ingredients added to the model for estimating the output. dependent variables need to predicted or estimated.Ī model is a transformation engine that helps us to express dependent variables as a function of independent variables.

Data Science Simplified Part 4: Simple Linear Regression Models
