What is Regression Analysis?

Skill Level:

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

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…
Artificial Intelligence refers to computer systems designed to simulate human intelligence. With AI, machines can accomplish tasks that typically require human cognition, such as…
Backpropagation is a technique used in training Artificial Neural Networks. It involves propagating error information backward through the network, allowing adjustments to be made…
Hyperparameters are parameters that are set before the training of an AI model. They control the behaviour and performance of the model, such as…