Simple linear regression is a basic and most known statistical model that create relationship between one dependent variable (y) and one independent variable (x).
The basic formula is:
\[ y = \beta_0 + \beta_1 x + \varepsilon \]
\[ y = \text{outcome} \\ x = \text{predictor} \\ \beta_1 = \text{slope} \\ \beta_0 = \text{y-intercept} \\ \varepsilon = \text{error term} \]