Linear regression Flashcards
can be used to develop an
equation showing how the variables are related
Regression analysis
The variable being predicted is called the
dependent
variable and is denoted by y.
The variables being used to predict the value of the
dependent variable are called the
independent
variables
involves one independent
variable and one dependent variable.
Simple linear regression
Regression analysis involving two or more
independent variables is called
multiple regression
The equation that describes how y is related to x and
an error term is called the
regression model
b0 and
b1 are called
parameters of the model
e is a random variable called the
error term
is the slope of the line.
b1
is the y intercept of the line.
b0
is the estimated value of y for a given x value.
y