December 23, 2020

In linear regression, what are the steps taken to arrive at the bestfit line?

You take the following 3 steps to attain the Holy Grail called the best fit line

Chose the error function.
Use gradient descent to find out the slope and intercept for which the error is minimum.
Plot the line with those slope and intercept.

Quick Summary:

You take the following 3 steps to attain the Holy Grail called the best fit line Chose the error function. Use gradient descent to find out the slope and intercept for which the error is minimum. Plot the line with those slope and intercept.