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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

Robotics Process Automation (RPA)

Robotics Process Automation is an AI technology that automates repetitive and routine tasks in business processes. RPA involves using software robots to emulate human…

Supervised Learning

Supervised Learning is a Machine Learning approach where models are trained using labelled data, with both input and output pairs. By learning from the…

Uncertainty in Artificial Intelligence

Uncertainty in AI refers to the unpredictability or lack of full knowledge about a situation or outcome. AI models often encounter uncertainties due to…

Artificial Neural Network

Artificial Neural Networks are computational models inspired by the human brain’s structure and function. They consist of interconnected nodes that process and transmit data,…
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