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In an APA formatted Word document complete the following: Why are forecasts important to organizations? Explain the role of regression analysis in business decision-making. What
In an APA formatted Word document complete the following: Why are forecasts important to organizations? Explain the role of regression analysis in business decision-making. What are the important properties of regression coefficients? Distinguish between correlation and regression analysis. What is the difference between a causal model and a time series model? The following are our company's annual sales (S million) data from 2015 to 2021. Use the trend equation to forecast sales for 2005. Year 2015 2016 Sales 16 17 2017 25 2018 28 2019 32 2020 2021 43 50 5000,000
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