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 technology, particularly machine learning, 'regression' is used to create models that predict numerical outcomes. A data scientist might say, 'We developed a linear regression model to predict future sales based on historical data, helping in resource allocation.'

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.

Business

Scenario:

Our profits took quite a hit this quarter. I think we need to reevaluate our strategies moving forward.

Response:

True, our regression analysis did indicate potential risks, but we overlooked them. We must include its insights in our strategy.