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

Artificial General Intelligence refers to AI systems capable of understanding, learning, and performing any intellectual task as humans do. Although AGI remains aspirational, it…
Word Embeddings are a technique in NLP that represent words as continuous vectors in a high-dimensional space. These vectors capture semantic and syntactic relationships…
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…
istributed Computing refers to the use of multiple computers or servers to perform computational tasks in a networked environment. It enables businesses to process…