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

A convolutional neural network is a powerful deep learning model designed for processing and analysing visual data. It excels in tasks such as image…
Artificial Intelligence refers to computer systems designed to simulate human intelligence. With AI, machines can accomplish tasks that typically require human cognition, such as…
Dimensionality Reduction is the process of reducing the number of variables or features in a dataset while retaining its essential information. By eliminating irrelevant…
A Virtual Assistant (or Virtual Agent) is an AI-powered software or application that performs various tasks and assists users with their daily activities. It…