Question: Data: https://docs.google.com/spreadsheets/d/1YqIYPdCTfo56j9-Mrfu-Bb_XTbbiy6pKDICV_gCxVHM/edit?pli=1#gid=0 Using the decomposition method, forecast revenues for each month of Year 5. Using multiple regression analysis, forecast revenues for each month of Year
Data: https://docs.google.com/spreadsheets/d/1YqIYPdCTfo56j9-Mrfu-Bb_XTbbiy6pKDICV_gCxVHM/edit?pli=1#gid=0
Using the decomposition method, forecast revenues for each month of Year 5.
Using multiple regression analysis, forecast revenues for each month of Year 5
Compare the models, based on regression analysis and the decomposition method and choose the best one. Which model is the best? Why? Show your calculations.
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