Scenario Context

In this section, the previously cleaned data will be used to make different predictions. In this section you will use different types of regression to make predictions. Predicting the future sales is important in every business hence, that is the value which will be predicted in this section.

When it comes to regression, different tasks could require different types of regression models hence, in this sections we will walk you through three different versions:

  • Linear regression
  • Non-linear regression
  • Multiple regression.

As different companies need different predictions, it is essential to have tools for different scenarios. In our case, a multiple regression model worked the best but for a different task/data set, a different model could provide a more accurate result.

In the next section a you can try out these model on a data set so that you can really understand how these works. Feel free to play with the different parameters to grasp the essence of choosing the correct parameters and the correct model.

Well done! Now lets move on to the first mission of this section!