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Linear Regression: A High-Level Overview
內容大綱
Linear regression is a common tool used in statistics and is considered the foundation for most predictive analytics. It creates a line of best fit in a data set and uses that line to explain the relationship between two quantities, which helps forecast future values. This note provides a high-level, non-technical overview of linear regression.
學習目標
This note is intended as preparatory reading for a senior management-level workshop on big data or analytics. The note contains examples of graphs and formulae and explains how these can be applied in various business situations.