Question: The outcome for Chapter 14.3 states that Regression analysis is a statistical tool that is used for two main purposes: description and prediction. Based on

The outcome for Chapter 14.3 states that "Regression analysis is a statistical tool that is used for two main purposes: description and prediction."

  • Based on the outcome, provide a current event of a business application using regression analysis for decision making.

Make sure to include the reference or source.

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