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What is Regression Analysis?

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Regression Analysis is a statistical technique used to determine the relationship between independent variables and a dependent variable. By analysing historical data, businesses can make predictions, identify trends, and understand the impact of different factors on business outcomes.

Other Definitions

Forecasting

Forecasting involves predicting future outcomes or trends based on historical data and patterns. By analysing past data and applying statistical techniques, businesses can make…

Neural Networks

Neural Networks are a type of Machine Learning model inspired by the human brain. They are composed of interconnected nodes, or “neurons,” that process…

Genetic Algorithms

Genetic Algorithms are optimisation techniques inspired by the principles of evolution. By mimicking natural selection, Genetic Algorithms explore a large search space and find…

Sentiment Analysis

Sentiment Analysis is an AI technique that analyses emotions and opinions expressed in text data. Sentiment analysis can classify text as positive, negative, or…
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