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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

Natural Language Generation (NLG)

Natural Language Generation is an AI technique that converts structured data into human-like text. NLG systems use Machine Learning algorithms to understand the data…

Neural Networks

Neural Networks are a type of Machine Learning model inspired by the human brain. They are composed of interconnected nodes, or “neurons,” that process…

Instance-Based Learning

Instance-Based Learning is an AI approach where models make predictions based on similarity to previously seen examples. Instead of generalising from a predefined set…

Distributed Computing

istributed Computing refers to the use of multiple computers or servers to perform computational tasks in a networked environment. It enables businesses to process…
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