Linear Regression Equation

[Mayank Goyal FIAParticipant]

This was asked recently in Actuarial Analyst interview questions. Make sure you learn the answers!

What is linear regression equation?

[Mayank Goyal FIAParticipant]

Answer:  Linear regression is used for finding linear relationship between target and one or more predictors.

Two types of linear regression are: simple & multiple (do not tell until asked)

Simplest linear regression equation Y(pred) = b0 + b1*x or a+ by

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• This reply was modified 5 years, 9 months ago by Mayank Goyal FIA.
• This reply was modified 5 years, 9 months ago by Mayank Goyal FIA.

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