Explanation of Regression Formula

Explanation of Regression Formula

The regression formula is:
Y = B₀ + B₁^X or: Dependent variable = constant + B₁^{independent variable}

B₁= for each change of the independent variable (X), it will increase or decrease the dependent variable (Y)
Rule of thumb:
T > 2 significant slope
T < 2 not significant slope
Hypothesis:
Ho: B₀ = 0 there is no relationship
Ha: B₀ =/= there is a relationship
R square (R²) = explains the % of dependent variable Y, is explained by the variability of the variable independent X
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I hope the information will help others.