Linear regression is a method for making predictions or estimates. Using a supervised learning algorithm, a linear relationship is determined between a dependent variable and one or more explanatory variables. It can be applied to various fields of study, commercial or academic in particular.
Linear regression is a statistical technique for modeling the relationships between different variables (dependent and independent). Used to describe and analyze values or data, linear regression aims to make predictions or forecasts.
Linear regression uses a chosen estimation technique, a dependent variable, and one or more explanatory variables to form a linear equation estimating the values of the dependent variable. This is assuming that there is a causal relationship between the two variables.
For example: you want to determine how your advertising investments affect the level of your sales. To do this, we will use a linear regression to examine the relationship between the two variables (investments and sales). It will serve as a forecast if this relationship is clearly represented.
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