What are some common regression analysis techniques?
An example of an AI chatbot conversation about regression analysis techniques.
What are some common regression analysis techniques?
Common regression analysis techniques include linear regression, logistic regression, polynomial regression, and ridge regression.
Can you explain linear regression in more detail?
Linear regression models the relationship between a dependent variable and one or more independent variables using a straight line.
What is the difference between linear and logistic regression?
Linear regression predicts continuous outcomes, while logistic regression is used for binary outcomes.
When should I use polynomial regression?
Use polynomial regression when the relationship between variables is curvilinear and cannot be accurately modeled with a straight line.
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