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A linear regression calculator is a tool that computes the best-fitting line through a set of data points, which represents the relationship between two variables. It uses statistical methods to determine the slope and intercept of the line, allowing predictions of one variable based on the value of the other. The output typically includes the equation of the line, correlation coefficient, and other statistical measures to assess the fit's accuracy. This method is commonly used in various fields, including economics, Biology, and Social Sciences, to analyze trends and make forecasts.

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1w ago

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