Chapter 2 Simple Linear Regression

Simple Linear Regression (or SLR for short) can be thought of as a type of analysis that builds upon a correlation analysis. In addition to helping us determine the strength, direction, and significance of linear association between two variables, it can also help us to:

  • Interpret the linear relationship between two variables more precisely
  • Estimate a linear model (or 'line of best fit')
  • Use this model to make predictions

We will consider these concepts in the following sections.