When should I use regression techniques in data analysis?
Regression techniques are useful when you want to understand the relationship between a dependent variable and one or more independent variables.
Can you give me an example of when to use it?
Sure! If you're trying to predict house prices based on features like size, location, and number of bedrooms, regression would be ideal.
What types of regression techniques are there?
There are several types, including linear regression, logistic regression, polynomial regression, and ridge regression, each suited for different scenarios.
How do I choose the right regression technique?
Consider the nature of your data and the relationship you expect. For example, use linear regression for linear relationships and logistic regression for binary outcomes.
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