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Regression analysis is a form of predictive modelling technique which investigates the relationship between a dependent (target) and independent variable (s) (predictor). This technique is used for forecasting, time series modelling and finding the causal effect relationship between the variables.
Regression is a measure of the average relationship between two or more variables in terms of the original units of the data. Regression analysis is a statistical device. In the regression analysis, the independent variable is also known as the âRegressionâ or âPredictorâ or âExplanatorâ and the dependent variable is known as âRegressedâ or âExplained variableâ.