The outcome for Chapter 14.3 states that “Regression analysis is a statistical tool that is used for two main purposes: description and prediction.”
Based on the outcome, provide a current event of a business application using regression analysis for decision-making.
Be sure to respond to at least one of your classmates’ posts. Cite any resources used.
Answer & Explanation
The outcome for Chapter 14.3 states that Regression analysis is a statistical tool that is used for two main purposes: Regression analysis in Business is a statistical method used to... View This Answer