Machine Learning Regression refers to a subset of machine learning techniques used to predict a continuous outcome variable based on one or more input features. The primary goal is to model the relationship between the dependent variable (the one we want to predict) and the independent variables (the features or inputs). Common algorithms used in regression include linear regression, polynomial regression, and support vector regression.
In mathematical terms, the relationship can often be expressed as:
where is the predicted outcome, represents the function modeling the relationship, and is the error term. The effectiveness of a regression model is typically evaluated using metrics such as Mean Absolute Error (MAE), Mean Squared Error (MSE), and R-squared, which provide insights into the model's accuracy and predictive power. By understanding these relationships, businesses and researchers can make informed decisions based on predictive insights.
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