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Linear Regression Formula: Get Free Access To Lakhs of

The document provides an overview of linear regression, including its definition, formula, and applications in various fields such as market research and astronomy. It explains the relationship between dependent and independent variables, detailing simple and multiple linear regression, as well as logistic and ordinal regression. Additionally, it includes examples, properties, and a brief discussion on calculating the linear regression equation.

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0% found this document useful (0 votes)
3 views11 pages

Linear Regression Formula: Get Free Access To Lakhs of

The document provides an overview of linear regression, including its definition, formula, and applications in various fields such as market research and astronomy. It explains the relationship between dependent and independent variables, detailing simple and multiple linear regression, as well as logistic and ordinal regression. Additionally, it includes examples, properties, and a brief discussion on calculating the linear regression equation.

Uploaded by

SARAVANAN B S
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Formula Linear Regression Formula


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Linear Regression Formula

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Introduction

Ever been to a shop and have noticed how the size of an object directly affects
its price as well? Well, a relation is seen when two quantities are compared and
there is either an increase or decrease in the value of both of them or it can also E
C
be that one quantity increases while the other decreases and vice versa. If these
two quantities are further plotted on a graph, it is observed that there is a linear
relation between them. Linear regression formula helps to define this linear
relation that is present between the two quantities and how they are
interdependent.

Linear regression is known toBook


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be the most basic and commonly used predictive
analysis.
top AcademicIn this concept, one
counsellors Demo variable is considered to be an explanatory
variable, and the other variable is considered to be a dependent variable. For
example, a modeller might want to relate the weights of individuals to their
heights using the concept of linear regression.

Simple Linear Regression


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PDFs & Study
One is the dependent variable (that isMaterials
interval or ratio).

One is the independent variable (that is interval or ratio or dichotomous).


Mobile Number
Multiple Linear RegressionPlease enter your Mobile Number
One is the dependent variable (that is interval or ratio).
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Two or more independent variables ( that is interval or ratio or
dichotomous). OR

Logistic Regression Continue with Google Continue with Email

One is the dependent variable (that is binary).


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Two or more independent variable(s) ( that is interval or ratio or


dichotomous).

Ordinal Regression

One is the dependent variable (that is ordinal).

One or more independent variable(s) (that is nominal or dichotomous).

Multinomial Regression
One is the dependent variable (that is nominal).

One or more independent variable(s) (that is interval or ratio or E


dichotomous). C

Discriminant Analysis
One is the dependent variable (that is nominal).

One or more independent variable(s) (that is interval or ratio).


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What is Linear Regression?
Let’s know what linear regression is. It is very important and used for easy
analysis of the dependency of two variables. One variable will be considered to
be an explanatory variable, while others will be considered to be a dependent
variable. Linear regression is a linear method for modelling the relationship
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between the independent variables and dependent variables. The linearity of the
PDFs & Study Materials
learned relationship makes the interpretation very easy. Linear regression
models have long been used by people as statisticians, computer scientists, etc.
who tackle quantitative problems. For example, a statistician might want to
relate the weights of individuals Mobile
to theirNumber
heights using a linear regression model.
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Now we know what linear regression is.

The +91
Formula of Linear Regression
Let’s know what a linear regression equation is. The formula for linear regression
equation is given by: OR

y = a + bx
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a and b can be computed100%


bySAFE
the following
& SECURE, formulas:
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b=

a=
Where

x and y are the variables for which we will make the regression line.

b = Slope of the line.

a = Y-intercept of the line.


E
X = Values of the first data set. C

Y = Values of the second data set.

Note: The first step in finding a linear regression equation is to determine if there
is a relationship between the two variables. This is often a judgment call for the
researcher. You’ll also need a list of your data in an x–y format (i.e. two columns
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data –session with our
independent Book
and dependent variables).
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Simple Linear Regression Formula Plotting
Table 1. Example data.

X Y
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1.00 PDFs & Study Materials
1.00

2.00 2.00
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3.00 1.30
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4.00 3.75
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5.00 2.25

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The concept of linear regression consists of finding the best-fitting straight line
through the given points. 100%
The best-fitting
SAFE line
& SECURE, We never post is your
without known as a regression line. The
permission

black diagonal line in the figure given below (Figure 2) is the regression line and
consists of the predicted score on Y for each possible value of the variable X. The
lines in the figure given above, the vertical lines from the points to the regression
line, represent the errors of prediction. As you can see, the red point is actually
very near the regression line; we can see its error of prediction is small. By
contrast, the yellow point we can see is much higher than the regression line and
therefore its error of prediction is large.

(Image will be uploaded soon)

The black line given in the figure consists of the predictions, the points that are
the actual data, and the vertical lines between the points and the black line
represent errors of prediction.
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Properties of Linear Regression
For the regression line where the regression parameters b0 and b1 are defined,
the properties are given as below:

The line reduces the sum of squared differences between observed values
and predicted values.
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The regression line passes through the mean of X and Y variable values.
The regression constant (b0) is equal to the y-intercept of the linear
regression.

The regression coefficient (b0)Access


Get Free is the slope of the
to Lakhs ofregression line which is
equal to the average change
PDFs &in the dependent
Study Materials variable (Y) for a unit
change in the independent variable (X).

What is Linear Regression Used for? Number


Mobile
Linear regression is used for: Please enter your Mobile Number

The concept of studying engine performance from test data in


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automobiles.

Linear regression can be used in market


OR research studies and customer
survey results analysis.
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Linear regression can be used in observational astronomy commonly


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enough. A number of statistical tools and methods can be used in
astronomical data analysis, and there are entire libraries in languages like
Python meant to do data analysis in astrophysics.

Linear regression can also be used to analyze the marketing effectiveness,


pricing, and promotions on sales of a product.

Questions to be Solved
Question 1) Find out the linear regression equation from the given set of data.

X 2 3 5 8

Y 3 6 5 12
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Solution:

X Y X2 XY

2 3 4 6

3 6 9 18
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5 5 25 25
8 12 64 96

Sum = 18 Sum = 26 Sum =102 Sum = 145


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Using the simple linear regression formula,

b= , Mobile Number
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b= , Value of b is equal to 1.33.


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Now using the simple linear regression formula to calculate the value of a=
OR

= = 0.515
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Putting the values of a and100%


bSAFE
in &the equation, y = a + bx
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Answer: y = 0.515 + 1.33x.

Standard Error in Linear Regression Formula:


The standard error that is seen about the regression line can be defined as the
measure of the average proportion that the regression equation over- or under-
predicts. This standard error is denoted by SE. The higher the coefficient of the
determination being involved, the lower the standard error and hence, a more
accurate result will be available.

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FAQs on Linear Regression Formula OR

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1. What is a linear regression with an example?
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Linear regression quantifies the relationship between one or more predictor variable(s) and one
outcome variable. For example, it can be used to quantify the relative impacts of age, gender,
and diet (the
Search yourpredictor variables) on height (the outcome variable).
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2. How do you calculate linear regression?

3. How do you Calculate the Y-Intercept?

4. What is a Regression Model Example?

5. What are the prerequisites needed for regression analysis using the Linear
Regression Formula?

E
6. What is the coefficient of determination for a linear regression model? C

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