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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

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…

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…

Intelligent Virtual Assistants

Intelligent Virtual Assistants, also known as Chatbots or Virtual Agents, are AI-powered software applications that can engage in conversations and perform tasks on behalf…

Edge Computing

Edge Computing brings computing resources closer to the source of data generation, reducing latency and improving response times. By processing and analysing data locally…
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