It helps answer questions like ... In this example, you’re using simple linear regression, since you’re working with just one independent variable: car age. For this Step-by-Step guide ...

In this article, you'll learn the basics of simple linear regression, sometimes called 'ordinary least squares' or OLS regression—a tool commonly used in forecasting and financial analysis.

Getty Images, Cultura RM Exclusive/yellowdog Linear regression, also called simple regression, is one of the most common techniques of regression analysis. Multiple regression is a broader class ...