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

Time Series Analysis

Time Series Analysis is an AI technique that analyses data points collected over time. This approach involves detecting trends, patterns, and seasonality in the…

Viterbi Algorithm

The Viterbi Algorithm is a dynamic programming algorithm used in sequence analysis, such as speech recognition and Natural Language Processing. It finds the most…

Dimensionality Reduction

Dimensionality Reduction is the process of reducing the number of variables or features in a dataset while retaining its essential information. By eliminating irrelevant…

Cloud Computing

Cloud computing provides on-demand access to shared computing resources, including storage, processing power, and software applications, over the internet. By leveraging cloud computing, businesses…
Back to Glossary