Regression Analysis (Part 3) -Calculate Slope and Intercept using Least Square Method
The least squares method uses the sample data to finds values of the intercept and slope coefficient that minimize the sum of the squares of the deviations between the observed values of the dependent variable, and the predicted values of the dependent variable .
Watch other series of videos for regression analysis :
Regression Analysis (Part 1) -Pearson Correlation Explain (Solution using Minitab and Excel)
• Regression Analysis (Part 1) -Pearson...
Regression Analysis (Part 2) -Basic concept of Simple Linear Regression
• Regression Analysis (Part 2) -Basic c...
Regression Analysis (Part 3) -Least Square Method
• Regression Analysis (Part 3) -Calcula...
Regression Analysis (Part 4) - Residual Analysis
• Regression Analysis (Part 4) - Residu...
Regression Analysis (Part 5) - Coefficient of Determination (R -Squared)
• Regression Analysis (Part 5) - Coeffi...
Regression analysis (Part 6) - Adjusted R-squared
• Regression analysis (Part 6) - Adjust...
Regression analysis (Part 7) - Multicollinearity
• Regression analysis (Part 7) - Multic...