Linear Regression
Linear Regression: Response variable changes as a particular predictor variable changes
Independent Variables predicting/estimating Dependent Variable
Example 1
Independent Variables in place while determining the price of the house
100 sq ft can get 1000
50 sq ft can get 500
Independent variables predict the outcome of Dependent Variable
Recession: Real estate prices drop
Example 2
Independent variable estimating outcome of Dependent Variable
Availability of Lard can get one through their cooking
Recession can impact the sale of commodities
Lack of Lard in the market/ Decline in purchasing power gets one nowhere
Praise the LARD as long as you have it
Lard lets you to have
FRY DAY
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