C04 ยท Lesson 8 of 22 ยท 15 min ยท 5 hands-on tasks
Regression: Drawing the Best Line
Every quote needs a guess at how deep the borehole will be, and bigger houses need deeper ones. Kofi has 14 recent jobs. Fit a line through them by hand, see what 'best' means (smallest squared errors), read the slope and intercept in plain words, and turn the line into a quoting rule.
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