Key Ideas
1Linear Regression. Models the relationship between an independent variable (x) and dependent variable (y) using a straight line: y = mx + b.
2Line of Best Fit. The line that minimizes the overall distance between itself and all the data points, typically found using the least-squares method.
3Slope (m). Represents how much y changes for every one-unit increase in x — the rate of change in the relationship.
4Y-Intercept (b). The predicted value of y when x = 0 — where the line crosses the y-axis.
5Using Regression to Predict. Once the line's equation is known, substitute any x-value to predict the corresponding y-value, though predictions become less reliable far outside the range of the original data.
Worked Examples
A regression line is y = 2x + 5. Predict y when x = 10.
y = 25
A regression line is y = -3x + 50. Find the slope and y-intercept, and interpret the slope.
Slope = -3 (y decreases as x increases), y-intercept = 50
Given the points (1,3) and (3,9), assuming a line through them, find the slope.
Slope = 3