Simple Linear Regression Explained (Ordinary Least Squares, Residuals, and R^2 Made Easy!)
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YouTubeFoundations of Math
Simple Linear Regression Explained (Ordinary Least Squares, Residuals, and R^2 Made Easy!)
Simple Linear Regression, Least Squares Method, Residuals, and R-Squared are crucial in predicting values based off historical data. This video dives into how to set up a Simple Linear Regression from a Scatter Plot, how to plot the Line of Best Fit, minimize errors and maximize predicting ability through Ordinary Least Squares. It will also go ...
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