linear regression

  

Definition

Mathematical technique for finding the straight line that best-fits the values of a linear function, plotted on a scatter graph as data points. If a 'best fit' line is found, it can be used as the basis for estimating the future values of the function by extending it while maintaining its slope.

Related Videos




http://www.businessdictionary.com/definition/linear-regression.html

Mentioned in these terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z