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

Genetic Algorithms are optimisation techniques inspired by the principles of evolution. By mimicking natural selection, Genetic Algorithms explore a large search space and find…
Artificial General Intelligence refers to AI systems capable of understanding, learning, and performing any intellectual task as humans do. Although AGI remains aspirational, it…
An algorithm is a set of rules and instructions that guide AI systems in solving problems or making decisions. Algorithms process data, analyse patterns,…
Graph Neural Networks are machine learning models designed to handle data structured as graphs. They can capture relationships and dependencies between entities and perform…