Predictive Models Revolutionize Decision-Making Across Industries, Transforming Lives.
The article discusses how to create more complex regression models with multiple variables, beyond just simple linear regression. It explains how to test these models, choose the right variables, and predict outcomes more accurately. The researchers also explore logistic regression for categorical data and nonlinear regression for recognizing non-linear patterns in data. The key terms include forecasting, linear regression, logistic regression, and nonlinear regression.