Question: While regression analysis is able to provide precise answers to complicated questions, there is an important caveat. Why must people be careful with the precise
While regression analysis is able to provide precise answers to complicated questions, there is an
important caveat. Why must people be careful with the precise regression outputs?
The computing power required for these precise outputs can take too much time to be
managerially helpful
The outputs might not actually be accurate if a common regression mistake is made
The results are so precise that your audience might not be able to understand what is
actually being said
Research tend to overlook that correlation and causation are the same
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