Summary of Linear regression
In order to calculate an equation for the best-fit line through a scattergram collection of data points, simple linear regression is used. A confidence interval can be calculated to determine how well the best-fit line represents the population. Simple nonlinear regression is used to analyze nonlinear data, while multiple nonlinear and linear regressions are used if there is more than one independent variable being evaluated.
Flashcards on Linear regression
In linear regression, more than one independent variable is used to predict the dependent (Y) variable.