Now that you've got a good sense of how to 'speak' R, let's use it with linear regression to make distinctive predictions.

R 2 (R-squared) is a statistical measure of the goodness of fit of a linear regression model (from 0.00 to 1.00), also known as the coefficient of determination.

What Are Some Ways Linear Regression Can Be Applied in Business Settings?. During the course of operation, businesses accumulate all kinds of data such as numbers related to sales performance and ...

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

Linear Regression Forecasting Method by Companies. It can be highly beneficial for companies to develop a forecast of the future values of some important metrics, such as demand for its product or ...

The developments in linear regression methodology that have taken place during the 25-year history of Technometrics are summarized. Major topics covered are variable selection, biased estimation, ...

Multiple linear regression. Multiple linear regression models are much more complicated and can work with a greater number of lines and shapes on charts.