Introduction to Linear Regression – Predictive Modeling Made Easy
Linear Regression is one of the foundational techniques in the world of Machine Learning and Data Science. It’s not only widely used in predictive analytics but also serves as the stepping stone for mastering more advanced algorithms. If you're beginning your journey or simply brushing up on the basics, understanding Linear Regression is crucial. What Is Linear Regression? Linear Regression is a statistical method used to model the relationship between a dependent variable and one or more independent variables. It helps in predicting outcomes based on historical data trends. In essence, it draws the best-fit line through your data points, minimizing the difference between predicted and actual values. There are two main types of Linear Regression: Simple Linear Regression , which uses one independent variable Multiple Linear Regression , which involves two or more independent variables These models are used extensively across industries — from forecasting sales to predi...