Question: Before completing the discussion forum, complete the Linear Regression analysis for Wall Climbing Inc. After developing the forecast, the managerial team for Wall Climbing Inc
Before completing the discussion forum, complete the Linear Regression analysis for Wall Climbing Inc.
After developing the forecast, the managerial team for Wall Climbing Inc is discussing how best to move forward. Half of the managerial team believes the quantitative assessment is valid, however, certain members have reservations. Based on your research and understanding, what are the relative advantages and disadvantages of both the quantitative and qualitative approaches to forecasting? What should Wall Climbing Inc take into account when making their decision?
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