What is the formula to calculate the slope (m) of the best fit line in linear regression?
Monday, 07 August 2023
by EITCA Academy
The formula to calculate the slope (m) of the best fit line in linear regression is derived from the concept of ordinary least squares (OLS) estimation. Linear regression is a widely used statistical method for modeling the relationship between a dependent variable and one or more independent variables. The best fit line represents the line