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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

Instance-Based Learning

Instance-Based Learning is an AI approach where models make predictions based on similarity to previously seen examples. Instead of generalising from a predefined set…

Unsupervised Learning

Unsupervised Learning is a Machine Learning technique where models learn patterns and structures within data without labelled examples. By uncovering hidden relationships and clustering…

Edge Computing

Edge Computing brings computing resources closer to the source of data generation, reducing latency and improving response times. By processing and analysing data locally…

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…
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