Concept

Simple Linear Regression

Simple linear regression predicts a model for the relationship between a single predictor (independent variable) XX and a response (dependent variable) YY. Y=β1X+β0+ϵY = \beta_1 X + \beta_0 + \epsilon The coefficients β1\beta_1 and β0\beta_0 are called the slope and intercept, respectively. The estimated values for these coefficients are shown as β^1\hat{\beta}_1 and β^0\hat{\beta}_0. Y^=β^1X+β^0\hat{Y} = \hat{\beta}_1 X + \hat{\beta}_0

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Updated 2026-06-16

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Data Science