Linear regression is a statistical technique used to model the relationship between two variables: dependent variable y and independent variable x.
\[ Y = \beta_0 + \beta_1 X + \varepsilon \]
- \(X\): independent variable (predictor)
- \(Y\): dependent variable (response)
- \(\beta_1\): slope
- \(\beta_0\): y-intercept
- \(\varepsilon\): error term