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

An algorithm is a set of rules and instructions that guide AI systems in solving problems or making decisions. Algorithms process data, analyse patterns,…
Knowledge Graphs are a structured representation of knowledge that captures relationships between entities. They organise information in a way that allows machines to understand…
Artificial General Intelligence refers to AI systems capable of understanding, learning, and performing any intellectual task as humans do. Although AGI remains aspirational, it…
Machine Learning is a powerful branch of Artificial Intelligence (AI) that focuses on enabling computer systems to learn and improve from experience without being…