What is the process of carrying out a linear regression?

Data Science, AI and ML
#1

Linear Regression Analysis consists of more than just fitting a linear line through a cloud of data points. It consists of 3 stages–

(1) analyzing the correlation and directionality of the data,

(2) estimating the model, i.e., fitting the line,

and (3) evaluating the validity and usefulness of the model.

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