R Programming: Linear Regression
In part-5, we covered correlation and a variety of other Non-deterministic tests. For this blog, we are going to cover all the basics of linear regression. Linear regression is probably the most used thing by business managers to predict the growth of any item or phenomenon. In this blog, we are going to look into the following topics:
- The statistical model
- Hypothesis test for α and β
- Variability components or ANOVA
- How good is the linear fit?