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Linear Regression

Slope and intercept of regression line

📊Linear Regression (Slope & Intercept)

The slope and intercept of a linear regression line (ŷ = mx + b) describe the best-fit straight line through a scatter of data points, minimising the sum of squared vertical residuals (OLS).

Fun Fact

Francis Galton coined 'regression' in 1886 after noticing tall parents' children tend to be shorter — regression toward the mean is a statistical phenomenon, not a biological one.

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