regression

Vocabulary Word

Definition

Regression generally means moving back to a previous state. In a professional setting, it could relate to a process or system going back to an earlier stage.

Examples in Different Contexts

In business analytics, 'regression' aids in predicting trends and making informed decisions. A business analyst might note, 'Using regression analysis, we can identify key drivers of customer satisfaction and prioritize our improvement efforts accordingly.'

Practice Scenarios

Tech

Scenario:

We've added a lot of new features in the latest software update. We must ensure none of them caused any bugs in the existing system.

Response:

Good point. Let's perform a regression test on the system to verify the stability of new features.

Academics

Scenario:

Picking a research topic can be challenging. It's essential to choose something where you can leverage data and analyse relationships.

Response:

That's sound advice! I think I'll focus on a topic where regression analysis can be applied to understand correlations.