Question: consider a practical application in a business setting. How can regression analysis be employed to gain insights or make predictions? Share a hypothetical scenario where

consider a practical application in a business setting. How can regression analysis be employed to gain insights or make predictions? Share a hypothetical scenario where regression could be valuable, and discuss the specific variables you would consider. Additionally, explore any potential limitations or considerations when using regression analysis in real

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world business contexts. How might businesses leverage regression to enhance decision

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making and strategy?

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