Introduction to Regression

 we learned about regression analysis, which is a technique used to predict a continuous value based on one or more independent variables. Here's a summary of the key points covered:


Introduction to Regression: Regression is used to predict a continuous value, such as CO2 emissions from cars, using other variables like engine size or number of cylinders.


Types of Variables: In regression, there are dependent variables (Y) and independent variables (X). The dependent variable is what we're trying to predict, while the independent variables are the factors influencing the dependent variable.


Regression Models: There are two main types of regression models:


Simple Regression: Uses one independent variable to predict the dependent variable. It can be linear or non-linear.

Multiple Regression: Uses more than one independent variable to predict the dependent variable.

Applications of Regression: Regression analysis has various applications, such as:


Sales forecasting based on factors like age, education, and experience.

Predicting house prices based on size and number of bedrooms.

Estimating employment income based on factors like education, occupation, and experience.

Regression Algorithms: There are many regression algorithms available, each suited for different conditions and requirements.


Overall, regression analysis is a powerful tool used across various fields to make predictions based on historical data and relationships between variables.







Comments

Popular posts from this blog

Common cybersecurity terminology

Introduction to security frameworks and controls

syllabus