“The statistician knows...that in nature there never was a normal distribution, there never was a straight line, yet with normal and linear assumptions, known to be false, he can often derive results ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
The goal of a machine learning regression problem is to predict a single numeric value. For example, you might want to predict an employee's bank account balance based on age, height, annual income, ...