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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

Instance-Based Learning

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…

Probabilistic Graphical Models

Probabilistic Graphical Models is a type of statistical model used in Machine Learning and Artificial Intelligence. They represent complex relationships between variables through graphs…

Expert Systems

Expert Systems are AI systems that emulate human expertise in specific domains. By capturing and codifying human knowledge, Expert Systems assist businesses in decision-making,…

Deep Reinforcement Learning

Deep Reinforcement Learning is a subset of Machine Learning that combines Deep Learning and Reinforcement Learning. It involves training AI models to make decisions…
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