5. Predicting Customer Revenue Using Linear Regression
Overview
In this chapter, you will learn how to solve business problems that require the prediction of quantities. You will learn about regression, a supervised learning approach to predict continuous outcomes. You will explore linear regression, a simple yet powerful technique that is the workhorse for predictive modeling in the industry. Then you will learn how to implement some key steps in the modeling process – feature engineering and data cleaning. Later, you will implement your linear regression models and finally interpret the results to derive business insights.