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linear regression

[linear regression|linear regression] [linear regression] is a line used to model relationships between variables, requiring diagnostics to be turned on for some calculators to display correlation coefficients during linear regression analysis.

Definition

linear regression [linear regression] is a line used to model relationships between variables, requiring diagnostics to be turned on for some calculators to display correlation coefficients during linear regression analysis.

Mechanism

linear regression [linear regression] identifies the best fit line by analyzing input data and corresponding outputs from a linear function to find the optimal relationship.

Effects

linear regression [linear regression] can determine a function where profit in thousands of dollars depends on the number of units sold in hundreds.