October 2017
Beginner to intermediate
270 pages
7h
English
So, it's time to start with the simplest yet still very useful abstraction for our data–a linear regression function.
In linear regression, we try to find a linear equation that minimizes the distance between the data points and the modeled line. The model function takes the following form:
Here, α is the intercept and ß is the slope of the modeled line. The variable x is normally called the independent variable, and y the dependent one, but it can also be called the regressor and the response variables.
The εi variable is a very interesting element, and it's the error or distance from the sample i to the regressed line.
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