Forecasting with Simple Linear Regression
Lecture no. 2 from the course: Mathematical Decision Making: Predictive Models and Optimization
Taught by Professor Scott P. Stevens | 31 min | Categories: The Great Courses Plus Online Mathematics Courses
Linear regression is a powerful method for describing connections between related quantities. Analyze several problems using linear regression. For example, predict the waiting time for an eruption of the Old Faithful geyser based on how long the previous eruption lasted.