Simple linear regression (1/5)- correlation and covariance
Since today, I’ll explain simple linear regression model. There are lots of information about linear regression on websites, but I believe I’ll tell you about what most people don’t mention. My philosophy on data analysis and statistics is to fully understand the concept, not simply follow what software programs say. Therefore I usually calculate statistical concepts by hand, and only my hand calculation is exactly same as the software programs provide, I say I understand the concept. In this context,…