Step-by-Step Guide to Performing Simple Linear Regression by Hand ๐Ÿ“Š

Learn how to manually perform simple linear regression to make accurate predictions using the formula y = a + bx. Perfect for understanding the fundamentals!

Step-by-Step Guide to Performing Simple Linear Regression by Hand ๐Ÿ“Š
Eugene O'Loughlin
1.9M views โ€ข Dec 23, 2015
Step-by-Step Guide to Performing Simple Linear Regression by Hand ๐Ÿ“Š

About this video

Learn how to make predictions using Simple Linear Regression. To do this you need to use the Linear Regression Function (y = a + bx) where "y" is the dependent variable, "a" is the y intercept, "b" is the slope of the regression line, and "x" is the independent variable.

This video also shows you how to determine the slope (b) of the regression line, and the y intercept (a).

In order to determine the slope of a line you will need to first determine the Pearson Correlation Coefficient - this is described in a separate video (https://www.youtube.com/watch?v=2SCg8Kuh0tE).

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10:55

Published

Dec 23, 2015

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