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The main aim of the regression analysis is to give the relationship between the variables, nature, and strength among the variables, and make predictions based on the model. Types of regression analysis We know that the regression analysis is the statistical technique that gives the relationship between the dependent and independent variables. Rollepaal is one of the world’s leading manufacturers of machines for pipe extrusion. We provide our customers with both entire extrusion lines and stand-alone machines. Learn how to use regression analysis to examine the relationship between dependent and independent variables. Explore the methods, types, applications, and steps of regression analysis with examples and tips. Regression analysis is primarily used for two conceptually distinct purposes. First, regression analysis is widely used for prediction and forecasting, where its use has substantial overlap with the field of machine learning.
