The next time you cover this topic, consider teaching students how to perform a simple linear regression analysis in Excel. Below is an example screenshot illustrating 12 months of cost data for a ...

Simple linear regression. In simple linear regression, the relationships between small data sets are assumed to fall along a straight line on a chart . Machine learning would help minimize errors ...

In a simple regression with one independent variable, that coefficient is the slope of the line of best fit. In this example or any regression with two independent variables, the slope is a mix of ...