Two Variable Regression model

 Two Variable Regression model

Two variable regression model shows the relationship between one dependent and one independent variable  

Dependent variable depend on independent variable  

Independent variable predict the dependent variable 

Two variable Regression model shows how dependent variable change due to the change of independent variable.

Two Variable Regression model is also called simple linear regression model.

Mathematically , we can express as:

Y=β1+β2X+ε

Y=Dependent variable

β1=Intercept

β2=Slope

X=Independent variable 

ε=Error term