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Regression Models
7 days
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Description
Regression models that predict the efficiency of your strategies in the past or the efficiency of your plans for the future with various regression models suitable for your data.
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Instructions
In order for regression models to work properly, your data should contain logical and consistent information consisting of excel tables with csv extensions focused on numerical values. The richer, more consistent and logical your data is, the more consistent and accurate the predictions of regression models are.
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FAQ
Does the answer of the models promise a certain future?
No! It only shows you the possibilities. In this way, you can take decisions or measures that anticipate the possibilities.
Is there a possibility that the models are wrong?
Of course, yes. At the end of each regression model, mathematical accuracy scores of the consistency of the predictions are calculated. This gives you information about your data and tells you the accuracy of the predictions. These scores are affected by your data as much as by the model applied. Remember to check the relevance of your data.
Do models only calculate our past or future productivity?
Models also give you information in many areas. With this information, you can make average calculations and preview the market. For example: rental prices, vehicle prices etc.
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