Best-fit Line


In data science, a best-fit line is a straight line that is the best approximation of the given set of data points. It is also known as a regression line. The line is determined by minimizing the sum of the squares of the vertical deviations from each data point to the line. The best-fit line is commonly used in linear regression analysis to model the relationship between two variables. It is used to predict the value of the dependent variable based on the value of the independent variable. The slope of the best-fit line represents the rate of change of the dependent variable with respect to the independent variable. The intercept of the best-fit line represents the value of the dependent variable when the independent variable is zero.


Your Previous Searches
Random Picks

  • Statistical Hypothesis Testing: Statistical Hypothesis Testing is a method of making decisions using data from a scientific study. It is a process of testing whether a hypothesis about a population parameter is supported by the evidence provided by a sample of data. The p ... Read More >>
  • Left Joins: In data science, a left join is a type of join operation that combines two datasets based on a common key, and returns all the records from the left (or first) dataset and matching records from the right (or second) dataset. In a left join, ... Read More >>
  • Electron Microscopes: Electron microscopes are scientific instruments that use a beam of highly energetic electrons to examine objects on a very fine scale. They are capable of producing images with a resolution up to 50 times greater than that of a light micros ... Read More >>
Top News

Uber CEO Dara Khosrowshahi calls Elon Musk's vision for Tesla robotaxis 'pretty ...

Uber CEO Dara Khosrowshahi appeared on Friday's episode of the Hard Fork podcast, where he spoke about the future of the autonomous vehicle industry....

News Source: Business Insider on 2024-10-20

After Cynthia Erivo Called "Wicked" Fan Art "Offensive," Ariana Grande Has Offer...

"It's so much bigger than us."View Entire Post ›...

News Source: Buzzfeed on 2024-10-20

Google Research execs reveal how they use AI in their daily lives — and where ...

Google execs on the Research team told Business Insider their favorite uses of AI, like looking up products with Lens or translating pages....

News Source: Business Insider on 2024-10-20

Google DeepMind CEO Demis Hassabis explains what needs to happen to move from ch...

Demis Hassabis, the CEO of Google DeepMind, recently discussed what he thinks will be the next phase of AI after chatbots....

News Source: Business Insider on 2024-10-19

This is OpenAI CEO Sam Altman's favorite question about AGI...

Altman said artificial general intelligence will facilitate "scaffolding that exists between all of us."...

News Source: Business Insider on 2024-10-19