October 2017
Beginner to intermediate
270 pages
7h
English
Content preview from Machine Learning for Developers
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Applications of regression
Regression is normally applied in order to predict future variable values, and it's a very commonly employed technique for initial data modeling in data analysis projects, but it also can be used to optimize processes, finding common ground between related but dispersed data.
Here we will list a number of the possible application of regression analysis:
- In social sciences, to predict the future values of all kinds of metrics, such as unemployment and population
- In economics, to predict future inflation rates, interest rates, and similar indicators
- In earth sciences, to predict future phenomena, such as the thickness of the ozone layer
- To help with all elements of the normal corporate dashboard, adding probabilistic ...
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