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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

Recommender Systems

Recommender Systems are AI systems that provide personalised recommendations to users based on their preferences and previous behaviour. These systems analyse large amounts of…

Explainable Artificial Intelligence

Explainable Artificial Intelligence focuses on developing AI systems that can provide understandable explanations for their decisions and behaviours. Transparent and interpretable AI models are…

Ensemble Learning

Ensemble Learning involves combining multiple Machine Learning models to achieve superior performance and accuracy. By leveraging the “wisdom of the crowd,” Ensemble Learning mitigates…

Human-in-the-Loop

Human-in-the-loop refers to a collaborative approach where humans and AI systems work together to achieve optimal results. It involves combining human expertise, judgement, and…
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