66.8k views
2 votes
what is one reason the textbook lists for why a linear regression is a good starting point in a modeling task.

User Tarrell
by
7.9k points

1 Answer

0 votes

Final answer:

Linear regression is recommended as a starting point in modeling due to its simplicity in establishing a linear relationship and its capability to predict outcomes using the line of best fit calculated through methods like the least squares method.

Step-by-step explanation:

One reason the textbook lists for why a linear regression is a good starting point in a modeling task is its simplicity in representing a linear relationship. When there is a significant linear relationship between two variables (x and y), linear regression can be used to predict the value of y for values of x that are within the observed data range. Linear regression utilizes a method, often the least squares method, to calculate the line of best fit with minimized residuals (the sum of squared errors), resulting in a model that can effectively estimate or predict outcomes within the scope of the data provided.

Understanding the significance of the correlation coefficient (r) is also essential in linear regression. If r is significant and the scatter plot displays a linear trend, we can confidently use the regression line as a model for the linear relationship in the population that our sample data represent.

User Thoriya Prahalad
by
7.9k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories