Linear Regression Equation:
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Linear regression is a statistical method that models the relationship between a dependent variable (y) and one or more independent variables (x) by fitting a linear equation to observed data.
The calculator uses the least squares method to find the line of best fit:
Where:
Explanation: The calculator finds the values of m and b that minimize the sum of the squared differences between the observed values and the values predicted by the linear model.
Details: Linear regression is widely used in statistics, machine learning, and scientific research to understand relationships between variables and make predictions.
Tips: Enter comma-separated x and y values. Both lists must be of equal length and contain at least 2 values each for the calculation to work.
Q1: What is the difference between correlation and regression?
A: Correlation measures the strength of association between variables, while regression describes the nature of the relationship and can be used for prediction.
Q2: How many data points do I need?
A: At least 2 points are required to calculate a regression line, but more points provide a more reliable estimate.
Q3: What does the R-squared value mean?
A: R-squared measures how well the regression line approximates the real data points (0-100% of variance explained).
Q4: Can I use this for non-linear relationships?
A: No, this calculator is for linear relationships only. For non-linear data, consider polynomial or other regression methods.
Q5: How accurate are the results?
A: Accuracy depends on how well your data fits a linear model. Check the residual plot to assess model fit.