Let’s begin with a Simple Linear Model overview before diving into the practical example: Understanding the relationship between the dosage of a drug (independent variable) and its influence on patients’ health outcomes (dependent variable)
Simple Linear Model Overview
- Definition:
Simple linear regression is a statistical method used to model the relationship between a single independent variable (X) and a dependent variable (Y).
- Objective:
The primary goal of simple linear regression is to understand the nature of the relationship between the variables and, in some cases, make predictions.
- Model Formulation:
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