What is Regression?
Regression line helps us to predict change in Y for a change in X.
From previous example (https://mylearningcafe.blogspot.com/2019/12/correlation.html), we can see if we can determine the value of Y for a value of X.
We can see the difference from above known values.
Regression line helps us to predict change in Y for a change in X.
From previous example (https://mylearningcafe.blogspot.com/2019/12/correlation.html), we can see if we can determine the value of Y for a value of X.
What is Residual?
Residual tells us the error in the prediction (Actual value - predicted value).We can see the difference from above known values.
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