5 Regression Techniques you should know!

1. Linear Regression

Linear regression is usually among the first few topics which people pick while learning predictive modeling.

2. Logistic Regression

Logistic regression is used to find the probability of event=Success and event=Failure.

3. Polynomial  Regression

A regression equation is a polynomial regression equation if the power of independent variable is more than 1.

4. Stepwise  Regression

The aim of this modeling technique is to maximize the prediction power with minimum number of predictor variables.

5. Ridge  Regression

Ridge Regression is a technique used when the data suffers from multicollinearity.