Linear Regression Formula:
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Linear regression is a statistical method that models the relationship between a dependent variable (y) and one or more independent variables (x) by fitting a linear equation to observed data. The regression line has the form y = mx + b, where m is the slope and b is the y-intercept.
The calculator uses the least squares method formulas:
Where:
Explanation: These formulas calculate the best-fit line that minimizes the sum of squared residuals between observed and predicted y values.
Details: Regression analysis is fundamental for understanding relationships between variables, making predictions, and testing hypotheses in fields like economics, biology, engineering, and social sciences.
Tips: Enter the summary statistics from your dataset (n, Σx, Σy, Σxy, Σx²). Ensure you have at least 2 data points (n ≥ 2) and that the x values aren't all identical.
Q1: What does the slope (m) represent?
A: The slope indicates how much y changes for each unit change in x. A positive slope means y increases with x, negative means y decreases with x.
Q2: What does the intercept (b) represent?
A: The intercept is the predicted y value when x = 0. Interpretation depends on whether x = 0 is meaningful in your context.
Q3: How many data points do I need?
A: At least 2 points are required, but more points increase the reliability of your regression results.
Q4: What if I get "denominator is zero" error?
A: This occurs when all x values are identical, resulting in a vertical line (infinite slope). Check your data for this special case.
Q5: Can I use this for multiple regression?
A: No, this calculator is for simple linear regression (one x variable). Multiple regression requires matrix algebra.