Different Types and Use Cases Introduction What is Linear Regression? Linear regression is a fundamental statistical method used to model and understand the relationship between different variables.

Discover how linear regression works, from simple to multiple linear regression, with step-by-step examples, graphs and real-world applications.

We call these “slope values”, regression coefficients or beta coefficients. The main distinction between different types of regression model is that they are used for different types of outcome (eg, ...

Simple linear regression is commonly used in forecasting and financial analysis—for a company to tell how a change in the GDP could affect sales, for example. Microsoft Excel and other software ...