Regression is the most popular algorithm in statistics and machine learning. In the machine learning and data science field, regression analysis is a member of the supervised machine learning domain that helps us to predict continuous variables such as stock prices, house prices, sales, rainfall, and temperature. As a sales manager at an electronic store, for example, say you need to predict the sales of upcoming weeks for all types of products, such as televisions, air conditioners, laptops, refrigerators, and many more. Lots of factors can affect your sales, such as weather conditions, festivals, promotion strategy, competitor offers, and so on. Regression analysis is one of the tools that can help you to identify the importance of such factors that are important to make decisions at the store.
Regression analysis identifies how the...
