Question: Critically analyze the attached post and state what you learn from it. Then pose a question to the author. Part 1: Data from surveys can
Part 1: Data from surveys can also be analyzed using linear regression. The ability to analyze things like consumer satisfaction and purchasing behaviours can benefit businesses with future decisions. For instance, a business may utilize linear regression to determine how likely consumers are to suggest their product to others. When a firm releases a new line of items, it will conduct an online survey of its customers to learn what they like and dislike. The linear regression, which is used in nearly all businesses that need assistance increasing their sales, will be clearly visible to the analyst doing this form of analysis. Part 2: The example with VAM shows that when running these linear regressions there should always use caution because it is not full proof. There are certain factors that can not be analyzed correctly with data that is collected. An example of this could be a restaurant that analyzes data throughout the country. Certain regions of the country would not exceed in sales for certain foods. An example being seafood, you can assume that this restaurant that has restaurants in the middle of the country would not sell as much seafood than coastal ones. That would not necessarily mean that sead food is not doing well as a whole for the restaurant
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