I'm currently trying to master regression and I've come across people using the words polynomial and multinomial quite interchangeably, yet I've also heard people say multinomial regression is a part of polynomial regression. I'm obviously confused.
I know a polynomial function is goes something like this: f(x)=ax^2+bx+c
but to my knowledge that is also a multinomial function.
So do poly and multi mean the same thing? Or is there an actual difference?
Multinomials are polynomials that contain more than one term. Monomials are a type of polynomial but they are not a type of multinomial.