Regression Line Definition. A regression line can show a positive linear relationship a negative linear relationship or no relationship 3. The process of finding a straight line as by least squares that best approximates a set of points on a graph.
Regression is a statistical method used in finance investing and other disciplines that attempts to determine the strength and character of the relationship between one dependent variable. The graphed line in a simple linear regression is flat not sloped. It is one of the most common types of predictive analysis.
The text gives a review of the algebra and geometry of lines on pages 117 and 118.
The text gives a review of the algebra and geometry of lines on pages 117 and 118. This type of distribution forms in a line hence this is called linear regression. We often use a regression line to predict the value of y for a given value of x. Linear regression is basically a statistical modeling technique which used to show the relationship between one dependent variable and one or more independent variable.
