#ExecutiveSummary #MLModels What is Regression? Regression is a statistical model/method used to determine the strength and character of the relationship between one dependent variable and one or more independent variables. If you have data about the consumption of electricity in an area based on the number of houses in that area and now you are asked to estimate electricity consumption for a larger area with more houses, you would easily use the average per house and extrapo

#MachineLearningProcess #ExecutiveSummary Introduction It is said that "The world's most valuable resource is no longer oil, but data". This is largely known and hence all organizations big or small are gathering data of every type hoping to find the gold mine in them. However, not many ML projects that use the data are fully successful. Most often, a lot of effort is put and yet the benefits are not commensurate. Following a process would go a long way in overcoming many iss