Forecast = y-value from regression. General steps to calculate the MSE from a set of X and Y values: Find theregression line. Insert your X values into thelinear regression equationto find the new Y values (Y’). Subtract the new Y value from the original to get the error. Square th...
arranging and presenting numerical data. it allows us to interpret various results from it and forecast many possibilities. statistics deals with facts, observations and information which are in the form of numeric data only. with the help of statistics, we are able to find various measures of ...