Consider the following dataset. You must use a linear equation to determine which slope and bias are the best for the dataset.

$7$ Points

The linear equation you are going to use is: $y=mx+b$

You have to use the following slope and bias value and calculate the cost function.

Set $)$ Set $2\{m=3,b=2\}$

Based on the second lecture, calculate the cost function. Finally, show which set is best for the linear equation based on the cost function value.

Why do you think using a linear equation makes sense for the dataset mentioned in question $1?3$ Points