Final Thoughts
The Regression Analysis has its origins in statistics that is a science hundred years old, but it is recently has gained the spotlight of attention as the big data is exploding. Regression Analysis is finding its way through statistics in data analytics, data science, and their applications in almost all organizations.
The Regression Models created with Regression Analysis are an indispensable tool for the enhanced provision of predictability, operation efficiency, well-informed decision making, prevention of error, averting wrong decisions, and better insights.