What is Regression Analysis?

Skill Level: Advanced

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

Multimodal Learning

Multi-Modal learning refers to AI models that learn from multiple sources of data, such as text, images, and audio. By incorporating information from multiple…

Recommender Systems

Recommender Systems are AI systems that provide personalised recommendations to users based on their preferences and previous behaviour. These systems analyse large amounts of…

Decision Trees

Decision Trees are Machine Learning models that use a branching structure to make decisions or predictions. By determining the most important features and creating…

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…