Learn Excel's Powerful Tools for Linear Regression

Additionally, ggplot2 is a powerful visualization library that allows us to easily render the scatterplot and the regression line for a quick inspection. If you're interested in producing similar results in Python, the best way is to use the OLS ( Ordinary Least Squares) model from statsmodels. It has the closest output to the base R lm package producing a similar summary table. We'll start by importing the packages we need to run the model. Next, let's prepare our data.