What is polynomial regression?
An example of an AI chatbot conversation about polynomial regression concepts.
Can you explain what polynomial regression is?
Sure! Polynomial regression is a type of regression analysis where the relationship between the independent variable and the dependent variable is modeled as an nth degree polynomial.
How is it different from linear regression?
While linear regression fits a straight line to the data, polynomial regression can fit curves, allowing for more complex relationships.
When should I use polynomial regression?
You should consider using polynomial regression when your data shows a non-linear relationship that a straight line cannot adequately model.
What are the risks of using polynomial regression?
One risk is overfitting, where the model becomes too complex and captures noise instead of the underlying trend.
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