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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…

Game Theory

Game Theory is a mathematical framework used to study and analyse strategic decision-making in situations involving multiple actors or players. It helps businesses understand…

Quantum Computing

Quantum Computing and AI are two fields that can complement and enhance each other. Quantum Computing can perform calculations faster and more efficiently than…

Decision Trees

Decision Trees are Machine Learning models that use a branching structure to make decisions or predictions. By determining the most important features and creating…
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