The primary business purpose of using regression analysis in the creation of a trend line is to

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a. Predict future (unknown) values.

b. Predict past (known) values.

c. Match expenses to revenues.

d. Establish selling prices.

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 30, 2018 01:18 AM

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Managerial Accounting for the Hospitality Industry

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