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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

Knowledge-Based Systems

Knowledge-Based Systems are AI systems that utilise domain-specific knowledge and rules to make informed decisions or provide expert advice. These systems incorporate human expertise…

Data Preprocessing

Data Preprocessing involves preparing and cleaning raw data before analysis. By removing noise, selecting relevant features, and addressing missing values, businesses can ensure data…

Variational Autoencoders (VAE)

Variational Autoencoders are a type of generative model used in unsupervised learning. VAEs learn a low-dimensional representation of input data and can generate new…

Ethics in Artificial Intelligence

Ethics in AI focuses on the responsible and ethical use of AI technologies. Businesses must consider the fairness, transparency, accountability, and privacy implications of…
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