Chapter 6. Regression Methods

In this chapter, we will cover various techniques to predict the output of a power plant. You will learn the following recipes:

  • Identifying and tackling multicollinearity in your data
  • Building a linear regression model to predict the power plant output
  • Using OLS to forecast how much electricity can be produced
  • Estimating the output of an electric plant using CART
  • Employing the kNN model in a regression problem
  • Applying the Random Forest model to a regression analysis
  • Gauging the amount of electricity a plant can produce using SVMs
  • Training a Neural Network to predict the output of a power plant

Introduction

One of the most common problems in the real world is to predict certain quantities or, in more general terms, find a relationship ...

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