Linear Regression
Linear Regression is one of the simplest and most widely used algorithms in Machine Learning, particularly for predictive modeling and statistical analysis. It is a supervised learning algorithm that models the relationship between a dependent variable (target) and one or more independent variables (features) using a linear equation.
The mathematical formula for simple linear regression is:
y = mx + b
Where:
- y is the predicted value,
- m is the slope of the line (coefficient),
- x is the input feature,
- b is the intercept.
Linear Regression is efficient for tasks like price prediction, sales forecasting, and risk assessment.