Regression: meaning, definitions and examples

Used in statistical analysis to understand the relationship between a dependent variable and one or more independent variables. Commonly employed in research and data analysis.

• The regression analysis showed a strong correlation between hours studied and exam scores.
• We used regression to identify the factors that most significantly impact sales.

Involves creating models that predict future outcomes by using historical data and machine learning techniques. Used in various fields like finance, healthcare, and marketing.

• Predictive modeling helps healthcare providers anticipate patient needs.
• By using predictive modeling, the company can better target their marketing efforts.

Applied to make informed predictions about future events or trends based on historical data. Widely used in business, finance, and weather predictions.

• The company is forecasting higher revenues for the next quarter.
• Weather forecasting has become more accurate with advancements in technology.

Typically used in psychology, statistics, or general performance contexts to describe a return to a previous, less advanced state.

• The patient exhibited signs of regression after the treatment stopped
• The company's profit regression over the last quarter was concerning

Used in both military and general scenarios to describe a withdrawal or moving back from a position, often implying a strategic and sometimes necessary action.

• The army had to retreat due to heavy losses
• After the argument, she needed to retreat to her room to calm down

Common in planning and strategy contexts, often implying a backup plan or secondary option.

• If the main plan doesn't work, we always have a fallback
• The fallback option for the project is to use the older software