Application of Linear Regression In Real Life

The video explains the process of Linear Regression in detail. The video is Part I of a two part series on Linear Regression.

In this part of the tutorial, linear regression is explained using an example from a real-life scenario for decision-making and prediction. A very detailed explanation of 'under-the-hood' working of the linear regression process is explained.

Part II will deal with the detailed understanding of the regression analysis. It will also cover the process of how the assumptions for a successful linear regression are verified.

Time stamps for the video as below:

00:00 - Introduction
01:40 - Types of Linear Regression
02:03 - Simple Linear Regression & steps involved
03:15 - Step 1 and Step 2
05:19 - Step 3 (Least - Squares Method)
11:19 - Step 4 (Analysis) - Partly covered
16:25 - Assumptions for Linear Regression
17:12 - Closing remarks and Part II notification

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