Simple linear regression (SLR) is often used in Data Science. Describe and explain what are the roles of simple linear regression in Data Science. Illustrate with a real-world application for each of the role described. Briefly explain how they perform the roles.
Tips:
Guideline: about 1000 words;
First, give a brief description of Simple Linear Regression (SLR);
Then explain the roles of SLR in Data Science;
Find real-world examples illustrating the roles of SLR that you described;
Credible sources: e.g. journal/conference articles, government reports…etc;
Briefly explain the scenarios of the real-world applications and the roles of SLR in the applications.
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