1 00:00:01,200 --> 00:00:03,690 Now, we are going to start with linear regression. 2 00:00:05,490 --> 00:00:10,350 It is a very simple approach for supervised learning, linear regression has been around for a long 3 00:00:10,350 --> 00:00:17,880 time and is still useful and a widely used statistical tool also, it is a very good starting point 4 00:00:17,880 --> 00:00:24,180 for machine learning, as many of the newer and fancier approaches of machine learning can be seen as 5 00:00:24,180 --> 00:00:26,430 an extension of the interrogation method only. 6 00:00:28,240 --> 00:00:33,550 Therefore, it is really important to have a solid understanding of linear regression before you move 7 00:00:33,550 --> 00:00:35,190 on to complex learning methods. 8 00:00:37,820 --> 00:00:43,280 In the coming videos, we will learn the key concepts behind linear regression model and then learn 9 00:00:43,280 --> 00:00:48,130 the least square approach, which is the most commonly used approach to fit a linear model. 10 00:00:50,530 --> 00:00:52,520 Let us go back to the house, the. 11 00:00:56,730 --> 00:01:05,130 The prediction question asked was, how accurately can I predict the price of a house, given the values 12 00:01:05,130 --> 00:01:06,570 of all these variables? 13 00:01:09,350 --> 00:01:15,920 The inferential question that we were asking is how accurately can we estimate the effect of each of 14 00:01:15,920 --> 00:01:18,490 these variables on the house price? 15 00:01:19,510 --> 00:01:24,470 So we are going to find the answers to these two questions using linear regression.