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

Supervised Learning is a Machine Learning approach where models are trained using labelled data, with both input and output pairs. By learning from the…
Predictive Analytics uses historical data and statistical modelling techniques to make predictions about future outcomes. By analysing patterns and trends within data, businesses can…
Transfer Learning is a technique that allows AI models to apply knowledge gained from one task to another related task. By leveraging pre-trained models…
Feature Extraction refers to the process of identifying and selecting the most relevant features from raw data to enhance AI model performance. By extracting…