16. Using Regression to Track Trends and Make Forecasts
Setting Up and Performing a Find
In these complex and uncertain times, forecasting business performance is increasingly important. Today, more than ever, managers at all levels need to make intelligent predictions of future sales and profit trends as part of their overall business strategy. By forecasting sales 6 months, a year, or even 3 years down the road, managers can anticipate related needs such as employee acquisitions, warehouse space, and raw material ...
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