Understanding how linear regression works, its types and attributes, its key benefits, and its main applications across various fields can help you make the most of it in your business.

Michela Buttignol / Investopedia A dataset’s sum of squares shows how dispersed the set’s data points are from its ... are three types of sum of squares: total, residual, and regression.

flipped it on its side and applied it to a stock chart. This would allow us to see when a security is overbought or oversold and ready to revert to the mean. In Figure 2, the linear regression ...