this is crystal clear explaination

wow Thankyou Brian, very clear explaination

crystal clear, well done!

Fantastic sir. ❤ Thanks a lot 🙏🙏🙏

This is the most amazing and simple explanation I've seen so far, good job mate.

@briangreco2718

3 ай бұрын

Thank you, I appreciate it!

good explanation

Thankyou very much......

You should explain why the differences are Squared.

@briangreco2718

5 ай бұрын

Great idea, Jim. That gives me an idea for a future video, talking about absolute versus squared differences and why we use squared errors. Thanks!

At first I thought this was about R^2 like just the variable squared and not the regression coefficient. :-O

cheers

can you explain why is your intercept -500? the diagram shows that the intercept of the line should be positive. so why is it negative?

@briangreco2718

7 күн бұрын

The y-intercept is not shown on the graph at all, because the x axis only goes from 60 to 70. X = 0 is way to the left.

@PriyankaRoy-r1g

7 күн бұрын

@@briangreco2718 But the regression here is drawn with origin as 0. also the regression line is cutting the Y axis somewhere between 50-100, lets assume 75. so it shows when x=0, y=75, which basically is the intercept. I am a bit confused on this. how is the intercept -500 and the graph shows something else

@briangreco2718

7 күн бұрын

The graph doesn’t show the x=0, so you are reading the graph incorrectly. The equation is correct and you understand the equation correctly, but you are reading the graph incorrectly. There is no y axis.

a.k.a brier score

@briangreco2718

5 ай бұрын

Brier score is more specifically for predictions of binary events, but yes they are very similar!