Machine Learning - Helping world to do statistical analysis
In today’s fast growing world, statistical analysis and forecasting the market trend is very important to take any business decision. Doing statistical analysis manually will be too tedious. Also, accuracy is very important in this and manual analysis can be error-prone. In this era of technology, this analysis ain't difficult. How about giving data to a machine and then expecting an output that would show us the required analysis? Here is how technology helps us to understand the market trends. One of the ways of doing statistical analysis is Linear regression, wherein there is a linear relationship between a dependent variable and one or more independent variables. It can be Simple Linear Regression (1 dependent variable and 1 independent variable) or Multiple Linear Regression (1 dependent variable and more than one independent variables) What are these dependent and independent variables? Independent variables are inputs given to the machine and dependent variabl...