Simple linear regression is a statistical method to model the relationship between two variables. It assumes a linear relationship between the predictor variable (X) and the response variable (Y)
Equation of multiple linear regression: \[y = \beta_0 + \beta_1 x_1 + \beta_2 x_2 + ... + \beta_n x_n + \epsilon\]
Linearity: The relationship between X and Y is linear. Independence: Observations are independent of each other. Homoscedasticity: Constant variance of residuals. Normality: Residuals follow a normal distribution