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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 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.
Make sure to include the reference or source.
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