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

Decision Trees are Machine Learning models that use a branching structure to make decisions or predictions. By determining the most important features and creating…
Multi-Modal learning refers to AI models that learn from multiple sources of data, such as text, images, and audio. By incorporating information from multiple…
Genetic Algorithms are optimisation techniques inspired by the principles of evolution. By mimicking natural selection, Genetic Algorithms explore a large search space and find…
Synthetic Data is artificially generated data that mimics real-world data. Synthetic data can be used to train Machine Learning models when real data is…