explain how linear regression could be used in business decision
making?
80.2K
Verified Solution
Link Copied!
Question
Statistics
explain how linear regression could be used in business decisionmaking?
Answer & Explanation
Solved by verified expert
4.4 Ratings (865 Votes)
Linear regression model is used for causal analysis This means that it is used to relate one variable on the other In this case there isnt much avenue where a grocery store can use
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!