Fitting a Linear Equation to a Scatterplot

The video tutorial explains how to use scatterplots to compare two variables, known as bivariate data. It introduces the concept of modeling scatterplots with linear equations using the slope-intercept form, y = mx + b. The tutorial demonstrates fitting a linear equation to a scatterplot, using an example of hours of sleep versus test scores. It covers identifying linear trends, estimating slope and intercept, and handling outliers to create a predictive model.

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