In depth of regression ml

 



On calculating the above example, we figure out that the value of slop =1.5 and the value of intercept (b) = -2. So, if we have a pizza having a diameter of 20 inches then substituting this value in y=mx+c we get y as 28 inches. Not all shopkeepers need to sell the pizza at the same price it may vary, this variation is known as error.

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