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What is the primary purpose of linear regression?
Practice Questions
Q1
What is the primary purpose of linear regression?
To classify data into categories
To predict a continuous outcome variable
To cluster similar data points
To reduce dimensionality of data
Questions & Step-by-Step Solutions
What is the primary purpose of linear regression?
Steps
Concepts
Step 1: Understand that linear regression is a method used in statistics.
Step 2: Know that it helps us find a relationship between two or more variables.
Step 3: Identify the 'outcome variable' which is what we want to predict (this is a continuous value).
Step 4: Recognize the 'predictor variables' which are the factors we use to make our prediction.
Step 5: Realize that linear regression creates a line (or equation) that best fits the data points.
Step 6: Use this line to make predictions about the outcome variable based on new values of the predictor variables.
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