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Linear Regression Made Simple: A Step-by-Step Tutorial
What is Linear Regression?
Linear Regression is a supervised learning algorithm in machine learning, which is widely used for solving regression problems. Regression is a type of machine learning problem where the goal is to predict a continuous output variable based on one or more input variables.
In Linear Regression, the goal is to find the best-fitting linear equation to describe the relationship between the input variables (also known as predictors or features) and the output variable (also known as the response variable).
The equation for a simple linear regression model can be written as follows:
y = b0 + b1 * x
Here, y is the dependent variable (the variable we are trying to predict), x is the independent variable (the predictor or feature), b0 is the intercept term (the value of y when x is zero), and b1 is the slope coefficient (the change in y for a unit change in x).
The goal of Linear Regression is to find the best values for b0 and b1 such that the line best fits the data points, minimizing the errors or the difference between…