What is Regression? 🎯
Regression is a powerful statistical method that allows you to examine the relationship between two or more variables of interest. While there are many types of regression analysis, at its core, it's about understanding how the typical value of a dependent variable changes when any one of the independent variables is varied, while the other independent variables are held fixed.
This methodology is invaluable for prediction and forecasting, along with understanding which factors are important influences, and how they interact.
Types of Regression Analyses
- Linear Regression
- Multiple Regression
- Logistic Regression
- Polynomial Regression
- Ridge and Lasso Regression
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