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define regression analysis and what are the various factors to consider with regression analysis? What is a R-square and when would you be able to

define regression analysis and what are the various factors to consider with regression analysis? What is a R-square and when would you be able to use regression to help forecast cost? Discuss times that you could see regression as a tool for estimating and when you think regression would not be a good tool for estimating. What are alternative analysis techniques that may be used when estimating future cost using historical analysis? what analysis might you use to forecast cost when historical actuals do not exist?

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