Question: What is the major restriction in linear regression forecasting? Multiple choice question. It cannot use historical data. It assumes that projections will fall in a

What is the major restriction in linear regression forecasting?
Multiple choice question.
It cannot use historical data.
It assumes that projections will fall in a straight line.
It assumes that projections will be non-linearly related.
It relies on a lot of numerical crunching.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!