LO14-1: Explain the simple linear regression
{"Image DocumentName": "LO14-1: Explain the simple linear regression", "Image ImageDescription": "model The Simple Linear Regression Model and the Least Squares Point Estimates. The dependent (or response) variable is the variable we wish to understand or predict. The independent (or predictor) variable is the variable we will use to understand or predict the dependent variable. Regression analysis is a statistical technique that uses observed data to relate the dependent variable to one or more independent variables. The objective is to build a regression model that can describe, predict and control the dependent variable based on the independent variable.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}