Question: Pleas help: the model i chose is SIMPLE LINEAR REGRESSION Describe the situation in detail, including describing the importance and potential consequences of the decision(s)

Pleas help: the model i chose is SIMPLE LINEAR REGRESSION

Describe the situation in detail, including describing the importance and potential consequences of the decision(s) being made.

Describe in detail the data that would be necessary for the proposed forecasting technique, including discussing the availability and potential source(s) for the necessary data.

Describe in detail how you envision the proposed forecasting technique would potentially improve the decision-making process.

Describe in detail any potential challenges or impediments that you foresee to using the proposed forecasting technique in the described situation, including discussing any anticipated trend or seasonality patterns that might be present in the data.

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