Posts

Showing posts with the label Multiple_linear_regression in ML

Multiple_linear_regression

 # What is multiple_linear_regression * Multiple linear regression (MLR), also known simply as multiple regression, is a statistical technique that uses several explanatory variables to predict the outcome of a response variable. * Multiple regression is an extension of linear (OLS) regression that uses just one explanatory variable. * MLR is used extensively in econometrics and financial inference. * Regression models are used to describe relationships between variables by fitting a line to the observed data. Regression allows you to estimate how the dependent variable changes as the independent variable(s) change. * Multiple linear regression is used to estimate the relationship between two or more independent variables and one dependent variable. You can use multiple linear regression when you want to know: * How strong the relationship is between two or more independent variables and one dependent variable (e.g. how rainfall, temperature, and amount of fertilizer added affect c...