3 Questions
What is the main objective of simple linear regression?
To predict the value of a dependent variable based on the value of an independent variable
What does the slope of the regression line represent in simple linear regression?
The change in the dependent variable for a one-unit change in the independent variable
In simple linear regression, what does the coefficient of determination (R-squared) measure?
The proportion of the variance in the dependent variable that is predictable from the independent variable
Test your knowledge of simple linear regression by answering questions about its main objective, the meaning of the slope of the regression line, and the significance of the coefficient of determination (R-squared).
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