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How would one go about selecting the appropriate model? Choose the correct answer below. A . Collect two data values each for marketing effort and
How would one go about selecting the appropriate model? Choose the correct answer below.
A
Collect two data values each for marketing effort and demand and fit the data to a model.
B
Obtain estimates for future marketing effort and demand and use a model to see if the predictions are accurate.
C
Select a model that appears to make intuitive sense and fit the model to the data.
D
Collect a large amount of data for marketing effort and demand and fit the data to a model.
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