Linear Regression
Fitting a line to data. "Finding the rotation of a line plotted through data points that has the lowest possible sum of its squared Residuals"
Consists of:
- Using least-squares to fit a line to the data
- Calculating R^2
- Calculating a p-value for R^2
Related terms
- Residual → the distance from a data point on a graph to the line drawn
- SS(mean) → "sum of squares around the mean" = (data - mean)^2
- R^2 = (Var(mean) - Var(fit)) / Var(mean)
- Measure, square, and sum the distance from the data to the mean
- Measure, square, and sum the distance from the data to the complicated equation
- Remember: the "complicated equation" is the equation for your fitted line!
- Plug in your calculations