Understanding Linear Regression: A Foundation of Machine Learning
Linear Regression is a fundamental algorithm in Machine Learning used for predicting continuous numerical values based on input variables. It analyzes historical data to find the best-fitting line that minimizes prediction errors. While it is easy to understand and fast to train, it has limitations such as sensitivity to outliers and assumptions of linear relationships.
- ▪Linear Regression is used to predict values like house prices and sales revenue based on historical data.
- ▪There are two main types of Linear Regression: Simple and Multiple, with the latter using multiple input features for more accurate predictions.
- ▪The model's performance can be evaluated using metrics like Mean Absolute Error, Mean Squared Error, and R-Squared.
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