Asked by Laura Thompson on Sep 28, 2024
________ identifies the relationships between variables that predict or cause some target variable.
A) Judgment-based forecasting
B) Trend extrapolation
C) Regression analysis
D) Curve fitting
Regression Analysis
A statistical method used to examine the relationship between a dependent variable and one or more independent variables.
Target Variable
In statistical modeling and machine learning, the variable that is the object of prediction or explanation.
Judgment-Based Forecasting
This method of forecasting relies on expert opinions and intuition rather than statistical data or mathematical models.
- Understand the various methods used for predicting or analyzing market trends.
Learning Objectives
- Understand the various methods used for predicting or analyzing market trends.
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