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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…

Automation

Automation involves the use of technology, including AI, to perform tasks and processes with minimal human intervention. By automating repetitive or time-consuming tasks, businesses…

Federated Learning

Federated Learning is a privacy-preserving technique where AI models are trained across multiple decentralised devices or systems without sharing raw data. Instead, only aggregated…

Game Theory

Game Theory is a mathematical framework used to study and analyse strategic decision-making in situations involving multiple actors or players. It helps businesses understand…
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