Linear regression models the relationship between a dependent variable \(Y\) and an independent variable \(X\). The model is given by:
\[ Y = \beta_0 + \beta_1 X + \epsilon \]
Where: - \(Y\) is the dependent variable, - \(X\) is the independent variable, - \(\beta_0\) is the intercept, - \(\beta_1\) is the slope, and - \(\epsilon\) is the error term.