My Account
Forward Thinking Logo

What is Regression Analysis?

Skill Level:

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

Decision Networks

Decision networks, also known as Probabilistic Graphical Models, are a type of AI model that represents uncertain knowledge using a graph structure. Decision Networks…

Speech Recognition

Speech Recognition enables machines to understand and interpret spoken words. By applying natural language processing techniques and AI models, businesses can develop speech recognition…

Clustering

Clustering in AI refers to the process of grouping similar data points together based on their inherent characteristics or attributes. By identifying patterns or…

Artificial Neural Network

Artificial Neural Networks are computational models inspired by the human brain’s structure and function. They consist of interconnected nodes that process and transmit data,…
Back to Glossary