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Which of the following is a common application of linear regression?

Practice Questions

Q1
Which of the following is a common application of linear regression?
  1. Image classification
  2. Stock price prediction
  3. Customer segmentation
  4. Anomaly detection

Questions & Step-by-Step Solutions

Which of the following is a common application of linear regression?
  • Step 1: Understand what linear regression is. It is a method used to find the relationship between two variables.
  • Step 2: Identify that linear regression is often used to predict outcomes that can take any value, like prices or temperatures.
  • Step 3: Recognize that one common application of linear regression is predicting stock prices.
  • Step 4: Note that this prediction is based on historical data, which means looking at past stock prices to make future predictions.
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