Linear Regression and Multiple Regression
Simple Linear Regression :
Suppose you have a business and if I ask you, what is your monthly sales in your business?
You can see, Sales depends on different things like Marketing (i.e. Sales depends on number of Advertisement), Gender, Education, Experience etc. affect Number of Sales.
So, here Sales is a dependent variable and Marketing is an independent variable.
When one dependent variable depends on one independent variable
then it is called Simple Linear Regression.
In the below table you can see,
If we spend Re.1 in Advertisement then Sales will be 3.
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