The objective is to predict an employee's salary based on their years of experience. The relationship between Years of Experience (independent variable) and Salary (dependent variable) is assumed to ...

Linear regression is the type of regression in which the correlation between the dependent and independent factors can be represented in a linear fashion. Simple linear regression is the simplest ...

The purpose of this tutorial is to continue our exploration of multivariate statistics by conducting a simple ... regression to make any reliable conclusions. Does the model satisfy the assumptions of ...

There are many ways to do linear regression ... versus actual scatterplot will fall on the 45° diagonal. The fit plot provided by Statsmodels is okay in the sense that it gives a rough sense of the ...

R squared, also written as R^2, is a number between 0 and 1 that indicates how closely the data points in a scatter plot ... model. When you report the results of your linear regression analysis ...