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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…

Ensemble Learning

Ensemble Learning involves combining multiple Machine Learning models to achieve superior performance and accuracy. By leveraging the “wisdom of the crowd,” Ensemble Learning mitigates…

Algorithm

An algorithm is a set of rules and instructions that guide AI systems in solving problems or making decisions. Algorithms process data, analyse patterns,…

Backpropagation

Backpropagation is a technique used in training Artificial Neural Networks. It involves propagating error information backward through the network, allowing adjustments to be made…
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