Regression Formula Statistics. A model regression equation allows you to predict the outcome with a relatively small amount of error. This connection is in the straight line linear regression which is best to estimate a single data point.
But remember in statistics the points don t lie perfectly on a line the line is a model around which the data lie if a strong linear pattern exists. A linear regression line equation is written in the form of. Y is the dependent variable and plotted along the y axis.
Y dependent variable.
Y a bx. Y a bx. B the slope. A regression equation is a statistical model that determined the specific relationship between the predictor variable and the outcome variable.