In the given statement is:
In simple linear regression the estimated slope from the regression of y on x is the same as the estimated slope in the regression of x on y.
If Y depends on X then the regression line is Y on X.
Y is dependent variable and X is independent variable. If X depends on Y, then regression line is X on Y and X is dependent variable and Y is independent variable. The regression equation Y on X is Y = a + bx, is used to estimate value of Y when X is known.
What is Simple linear regression?
Simple linear regression is a regression model that estimates the relationship between one independent variable and one dependent variable using a straight line. Both variables should be quantitative.
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