TECHNOLOGICAL INSTITUTE OF THE PHILIPPINES

1st Year College

Course code/Title : GEC 004-BSME11S4

Professorial Lecturer : Engr. Reynaldo B. Salvador Ed.D car, Ph.D.

Student : Velos, Ralph Gian C.

Date : Sept 30, 2023

Introduction

Linear regression is a fundamental and widely used type of predictive analysis. The link
between one variable's mean value and the values of one or more other variables. It's
used for predicting the value of one variable based on the value of another. The
variable you wish to predict is referred to as the dependent variable. The variable you
are using to predict the value of the other variable is known as the independent
variable. This type of analysis determines the linear equation's coefficients. Linear
regression fits a straight line or surface that minimizes the differences between
predicted and actual output values.

Statement of the problem

Linear regression determines the link between one variable's mean value and the
equivalent values of one or more other variables. First, regression analysis can be used
to determine the strength of the effect that the independent variable(s) have on a
dependent variable. Second, it can be used to forecast the implications or
consequences of changes. In other words, regression analysis helps us understand
how much the dependent variable changes when one or more independent variables
change. Third, regression analysis forecasts future trends and values. Show the
variables' relationship.

Implication
Linear regression can be applied to various areas in business and academic study. It
provide an easy-to-interpret mathematical formula that can generate predictions.
Furthermore, it guides the development of a function or model that fits a straight line to
a graph of the data. This line also minimizes the difference between a predicted values
for the dependent variable given the corresponding independent variable. Linear
regression is a well-established statistical process, and its properties are well
recognized and can be learnt fast.

Conclusion
Overall, linear regression attempts to predict the value of one variable, referred to as the
dependent variable, given another one, referred to as the independent variable. This
can include calculations such as projecting agricultural yield based on rainfall or
anticipating sales based on product prices. Regression, at its most fundamental,
involves returning to a previous or less developed state. Furthermore, Regression
estimates are used to describe data and explain relationships. It allows one to forecast
the value of the dependent variable Y based on the value of the independent variable X.

References

 What is Linear Regression?

https://www.statisticssolutions.com/free-resources/directory-of-statistical-
analyses/what-is-linear-regression/
  About Linear Regression

https://www.ibm.com/topics/linear-regression

Honor Pledge:

“I affirm that I have not given or received any unauthorized help on this assignment and that this work is
my own’