Regression Essential terms you should know.

Regression A Term You Need to Know

Regression is a statistical method used to model the relationship between one or more independent variables and a dependent variable. The goal of regression is to fit a mathematical equation to the data that best describes the relationship between the variables. This equation can then be used to make predictions about the value of the dependent variable based on the values of the independent variables. Regression is used in many fields, including economics, psychology, and engineering, to analyze and understand complex relationships between variables. There are many different types of regression models, including linear regression, logistic regression, and non-linear regression, which are used depending on the type of data and the relationship between the variables being analyzed.

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