Regression Analysis
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Get Your Maintenance Management Terminology Down!
Regression Analysis is a statistical technique used to analyze the relationship between two or more variables. It is used to identify the strength of the relationship between the variables, and to predict the value of one variable based on the value of another. Regression Analysis is commonly used in Predictive Maintenance (PdM) to identify trends in data, such as the relationship between maintenance costs and time, or the relationship between maintenance costs and the number of repairs. It can also be used to identify the root cause of a problem, or to predict the future performance of a system.
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